The 'Norges Bank Investment Management' manages the sovereign wealth fund of: MCQ with Answer and Explanation

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The 'Norges Bank Investment Management' manages the sovereign wealth fund of:

A. Norway

B. China

C. Saudi Arabia

D. UAE

Answer: Option A

Solution (By JKSSB Mock Tests)

Norges Bank Investment Management manages Norway's Government Pension Fund Global.

This question belongs to: Economy GK Economy Set 1

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Question #1

The 'Pradhan Mantri Jeevan Jyoti Bima Yojana' provides:

A. vehicle insurance

B. crop insurance

C. health insurance

D. life insurance

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Correct Answer: Option D

Explanation:
PMJJBY provides life insurance cover.

This question belongs to: Economy GK Economy Set 1

Question #2

The 'Goods and Services Tax' on tea leaves is:

A. 18%

B. 0%

C. 5%

D. 12%

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Correct Answer: Option C

Explanation:
Tea leaves attract 5% GST.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'Goods and Services Tax' on renting of commercial property is:

A. 5%

B. 18%

C. 12%

D. 28%

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Correct Answer: Option B

Explanation:
Renting of commercial property attracts 18% GST.

This question belongs to: Economy GK Economy Set 1

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