The 'PM-KISAN' income support is transferred in how many equal instalments per year? MCQ with Answer and Explanation

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The 'PM-KISAN' income support is transferred in how many equal instalments per year?

A. 2

B. 6

C. 3

D. 4

Answer: Option C

Solution (By JKSSB Mock Tests)

PM-KISAN provides Rs 6,000 in three equal instalments of Rs 2,000 each.

This question belongs to: Economy GK Economy Set 1

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Question #1

The primary market deals with:

A. new issue of securities

B. foreign currency

C. only government bonds

D. trading of existing shares

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Correct Answer: Option A

Explanation:
The primary market deals with the issuance of new securities.

This question belongs to: Economy GK Economy Set 1

Question #2

Which of the following is a capital receipt in the government budget?

A. Tax revenue

B. Borrowings

C. Dividends from public sector enterprises

D. Interest receipts

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Correct Answer: Option B

Explanation:
Capital receipts create liability or reduce assets. Borrowings create a liability for the government and are therefore capital receipts. Tax revenue, interest receipts and dividends are revenue receipts.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'per capita income' is calculated by dividing national income by:

A. total population

B. working population

C. labour force

D. number of households

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Correct Answer: Option A

Explanation:
Per capita income is national income divided by total population.

This question belongs to: Economy GK Economy Set 1

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