The 'Periodic Labour Force Survey' is conducted by: MCQ with Answer and Explanation

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The 'Periodic Labour Force Survey' is conducted by:

A. NITI Aayog

B. Ministry of Labour

C. National Statistical Office

D. RBI

Answer: Option C

Solution (By JKSSB Mock Tests)

The Periodic Labour Force Survey is conducted by the National Statistical Office.

This question belongs to: Economy GK Economy Set 1

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Question #1

The 'Central Board of Indirect Taxes and Customs' is a part of:

A. Ministry of Finance

B. RBI

C. Ministry of Commerce

D. SEBI

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Correct Answer: Option A

Explanation:
CBIC is part of the Ministry of Finance.

This question belongs to: Economy GK Economy Set 1

Question #2

The term 'Gross Fixed Capital Formation' includes:

A. Investment in fixed assets such as machinery, buildings and infrastructure

B. Only inventory investment

C. Only construction of buildings

D. Only financial investments

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Correct Answer: Option A

Explanation:
Gross Fixed Capital Formation refers to the net addition to the stock of fixed assets such as plant, machinery, buildings and infrastructure during a period.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'Goods and Services Tax Network' was created as a:

A. constitutional body

B. special purpose vehicle

C. statutory body

D. government department

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Correct Answer: Option B

Explanation:
GSTN was created as a special purpose vehicle to provide IT infrastructure for GST.

This question belongs to: Economy GK Economy Set 1

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