The 'Planning Commission' was set up in 1950 by a resolution of the: MCQ with Answer and Explanation

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The 'Planning Commission' was set up in 1950 by a resolution of the:

A. Parliament

B. Supreme Court

C. President

D. Government of India

Answer: Option D

Solution (By JKSSB Mock Tests)

The Planning Commission was established by a Cabinet resolution in March 1950.

This question belongs to: Economy GK Economy Set 1

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Question #1

The 'Multidimensional Poverty Index' was developed by:

A. UNDP and Oxford Poverty and Human Development Initiative

B. IMF

C. World Bank

D. UNESCO

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Correct Answer: Option A

Explanation:
MPI was developed by UNDP and the Oxford Poverty and Human Development Initiative.

This question belongs to: Economy GK Economy Set 1

Question #2

The 'International Solar Alliance' is headquartered in:

A. Gurugram, India

B. New York

C. Paris

D. Geneva

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Correct Answer: Option A

Explanation:
The International Solar Alliance is headquartered in Gurugram, India.

This question belongs to: Economy GK Economy Set 1

Question #3

The largest component of India's GDP in recent years is contributed by the:

A. agriculture sector

B. mining sector

C. manufacturing sector

D. services sector

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Correct Answer: Option D

Explanation:
The services sector is the largest contributor to India's GDP.

This question belongs to: Economy GK Economy Set 1

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