The 'One District One Product' initiative aims to promote: MCQ with Answer and Explanation

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The 'One District One Product' initiative aims to promote:

A. district-specific products and exports

B. uniform education

C. uniform industrial policy

D. single tax rate

Answer: Option A

Solution (By JKSSB Mock Tests)

One District One Product promotes production of unique products in each district for economic development and exports.

This question belongs to: Economy GK Economy Set 1

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Question #1

The 'Goods and Services Tax' on horse racing is:

A. 28%

B. 12%

C. 18%

D. 5%

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Correct Answer: Option A

Explanation:
Horse racing services attract 28% GST.

This question belongs to: Economy GK Economy Set 1

Question #2

The 'Bank for International Settlements' was established in which year?

A. 1944

B. 1919

C. 1971

D. 1930

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Correct Answer: Option D

Explanation:
The Bank for International Settlements was established in 1930.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'Blue Revolution' in India is associated with:

A. fisheries and aquaculture development

B. oilseeds production

C. poultry farming

D. milk production

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Correct Answer: Option A

Explanation:
The Blue Revolution refers to the development of fisheries and aquaculture.

This question belongs to: Economy GK Economy Set 1

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