The 'Pradhan Mantri Awaas Yojana - Gramin' aims to provide: MCQ with Answer and Explanation

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The 'Pradhan Mantri Awaas Yojana - Gramin' aims to provide:

A. pucca houses to rural poor

B. crop loans

C. urban housing

D. skill training

Answer: Option A

Solution (By JKSSB Mock Tests)

PMAY-G provides pucca houses with basic amenities to rural poor households.

This question belongs to: Economy GK Economy Set 1

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Question #1

The 'Goods and Services Tax' on renting of residential property for residential use is:

A. 18%

B. 0%

C. 5%

D. exempt

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Correct Answer: Option D

Explanation:
Renting residential property for residential use is exempt from GST.

This question belongs to: Economy GK Economy Set 1

Question #2

The 'Prime Minister's Economic Advisory Council' was reconstituted in which year?

A. 2020

B. 2017

C. 2014

D. 2019

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Correct Answer: Option B

Explanation:
The PMEAC was reconstituted in September 2017.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'Goods and Services Tax' revenue from CGST is credited to:

A. Public Account

B. state governments

C. Consolidated Fund of India

D. Contingency Fund

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Correct Answer: Option C

Explanation:
CGST revenue is credited to the Consolidated Fund of India.

This question belongs to: Economy GK Economy Set 1

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