The 'National Savings Certificate' is issued by: MCQ with Answer and Explanation

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The 'National Savings Certificate' is issued by:

A. SEBI

B. RBI

C. Commercial banks

D. Post Office

Answer: Option D

Solution (By JKSSB Mock Tests)

National Savings Certificate is issued by the Post Office.

This question belongs to: Economy GK Economy Set 1

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Practice More Economy Set 1 Questions

Question #1

The 'Belt and Road Initiative' was announced by China in which year?

A. 2015

B. 2008

C. 2017

D. 2013

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Correct Answer: Option D

Explanation:
Belt and Road Initiative was announced in 2013.

This question belongs to: Economy GK Economy Set 1

Question #2

The Kisan Credit Card scheme provides farmers with:

A. free land

B. short-term and long-term credit facilities for agricultural needs

C. subsidized fertilizers only

D. crop insurance only

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Correct Answer: Option B

Explanation:
The Kisan Credit Card provides farmers with timely credit for cultivation and other agricultural needs.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'Goods and Services Tax' rate on footwear above Rs 1,000 is:

A. 28%

B. 5%

C. 12%

D. 18%

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Correct Answer: Option D

Explanation:
Footwear above Rs 1,000 attracts 18% GST.

This question belongs to: Economy GK Economy Set 1

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