The 'Pradhan Mantri Jan Arogya Yojana' is the health insurance component of: MCQ with Answer and Explanation

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The 'Pradhan Mantri Jan Arogya Yojana' is the health insurance component of:

A. Skill India

B. Digital India

C. Startup India

D. Ayushman Bharat

Answer: Option D

Solution (By JKSSB Mock Tests)

PM-JAY is the insurance component of Ayushman Bharat.

This question belongs to: Economy GK Economy Set 1

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Practice More Economy Set 1 Questions

Question #1

The 'Advance Pricing Agreement' is related to:

A. income from salary

B. customs valuation

C. indirect taxes

D. transfer pricing

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Correct Answer: Option D

Explanation:
Advance Pricing Agreements relate to transfer pricing arrangements.

This question belongs to: Economy GK Economy Set 1

Question #2

The 'Goods and Services Tax' rate on railway passenger transport is:

A. 5%

B. 12%

C. 0%

D. 18%

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Correct Answer: Option C

Explanation:
Railway passenger transport is exempt from GST.

This question belongs to: Economy GK Economy Set 1

Question #3

Which of the following is NOT a function of the World Bank?

A. Poverty reduction initiatives

B. Providing long-term loans for development projects

C. Providing short-term balance of payments support

D. Technical assistance for development

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Correct Answer: Option C

Explanation:
Short-term balance of payments support is primarily the function of the IMF. The World Bank focuses on long-term development finance and poverty reduction.

This question belongs to: Economy GK Economy Set 1

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