The 'National Solar Mission' in India is part of: MCQ with Answer and Explanation

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The 'National Solar Mission' in India is part of:

A. National Action Plan on Climate Change

B. Make in India

C. Skill India

D. Digital India

Answer: Option A

Solution (By JKSSB Mock Tests)

The National Solar Mission is one of the eight missions under the National Action Plan on Climate Change.

This question belongs to: Economy GK Economy Set 1

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Practice More Economy Set 1 Questions

Question #1

Which of the following is a type of foreign capital inflow?

A. Domestic bank deposits of residents

B. Foreign direct investment, portfolio investment and external commercial borrowings

C. Only government tax revenue

D. Only domestic equity issuance

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Correct Answer: Option B

Explanation:
Foreign capital inflows include FDI, FPI, external commercial borrowings, trade credit and other external liabilities.

This question belongs to: Economy GK Economy Set 1

Question #2

Which of the following is a characteristic of the Indian financial system?

A. Only one regulator for all financial markets

B. Complete self-regulation without government oversight

C. Absence of regulatory institutions

D. Presence of multiple regulators including RBI, SEBI, IRDAI and PFRDA

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Correct Answer: Option D

Explanation:
India's financial system is regulated by multiple specialised bodies: RBI for banking, SEBI for capital markets, IRDAI for insurance and PFRDA for pensions.

This question belongs to: Economy GK Economy Set 1

Question #3

Which of the following is NOT a type of market structure based on the number of sellers?

A. Monopsony as a seller-based classification

B. Duopoly (two sellers)

C. Monopoly (one seller)

D. Oligopoly (few sellers)

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Correct Answer: Option A

Explanation:
Monopsony refers to a market with a single buyer. Market structures based on the number of sellers are monopoly, duopoly, oligopoly and perfect competition (many sellers).

This question belongs to: Economy GK Economy Set 1

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