The 'Pradhan Mantri Kisan Samman Nidhi' provides income support to all landholding farmer families, irrespective of landholding size. MCQ with Answer and Explanation

Question

The 'Pradhan Mantri Kisan Samman Nidhi' provides income support to all landholding farmer families, irrespective of landholding size.

A. True

B. Only for small farmers

C. False

D. Only for marginal farmers

Answer: Option A

Solution (By JKSSB Mock Tests)

PM-KISAN covers all landholding farmer families subject to certain exclusions, irrespective of landholding size.

This question belongs to: Economy GK Economy Set 1

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Question #1

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Total utility is maximum when marginal utility is:

A. equal to average utility

B. zero

C. maximum

D. negative

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Correct Answer: Option B

Explanation:
Total utility reaches its maximum when marginal utility is zero; beyond this point, marginal utility becomes negative and total utility falls.

This question belongs to: Economy GK Economy Set 1

Question #2

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Purchasing Power Parity theory states that exchange rates between currencies adjust to equalize:

A. the purchasing power of currencies in terms of goods

B. interest rates

C. government budget deficits

D. inflation rates only

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Correct Answer: Option A

Explanation:
Purchasing Power Parity says exchange rates adjust so that identical goods cost the same in different currencies.

This question belongs to: Economy GK Economy Set 1

Question #3

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The 'Red Revolution' in India is associated with:

A. wheat

B. rice

C. sugarcane

D. meat and tomato production

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Correct Answer: Option D

Explanation:
The Red Revolution is associated with meat and tomato production.

This question belongs to: Economy GK Economy Set 1

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