The 'Pradhan Mantri Krishi Sinchai Yojana' aims at: MCQ with Answer and Explanation

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The 'Pradhan Mantri Krishi Sinchai Yojana' aims at:

A. providing tractors

B. crop insurance

C. improving irrigation and water-use efficiency

D. promoting exports

Answer: Option C

Solution (By JKSSB Mock Tests)

PMKSY aims to improve irrigation coverage and water-use efficiency.

This question belongs to: Economy GK Economy Set 1

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Practice More Economy Set 1 Questions

Question #1

Cyclical unemployment is caused by:

A. seasonal changes

B. lack of aggregate demand during economic downturns

C. trade union pressure

D. mismatch of skills

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Correct Answer: Option B

Explanation:
Cyclical unemployment is caused by deficient aggregate demand during recessions.

This question belongs to: Economy GK Economy Set 1

Question #2

Foreign Direct Investment is distinguished from Foreign Portfolio Investment mainly by:

A. short-term currency trading

B. investment only in government securities

C. the amount of investment

D. lasting interest and managerial control

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Correct Answer: Option D

Explanation:
FDI involves lasting interest and managerial control, while FPI does not.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'Pradhan Mantri Shram Yogi Maandhan' provides pension to:

A. only government employees

B. all citizens

C. only farmers

D. unorganized sector workers in the age group of 18 to 40 years

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Correct Answer: Option D

Explanation:
PM-SYM provides monthly pension to unorganized workers aged 18-40.

This question belongs to: Economy GK Economy Set 1

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