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. improving irrigation and water-use efficiency

B. crop insurance

C. providing tractors

D. promoting exports

Answer: Option A

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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Question #1

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The 'Marginal Standing Facility' is available to banks at a rate how much above repo rate?

A. 0.50%

B. 1%

C. 2%

D. 0.25%

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Correct Answer: Option D

Explanation:
MSF rate is normally 0.25 percentage points above the repo rate.

This question belongs to: Economy GK Economy Set 1

Question #2

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The 'Goods and Services Tax' on legal services provided to individuals is:

A. 12%

B. 5%

C. 0%

D. 18%

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Correct Answer: Option D

Explanation:
Legal services to individuals attract 18% GST.

This question belongs to: Economy GK Economy Set 1

Question #3

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The 'World Economic Forum' publishes which report?

A. World Development Report

B. Global Financial Stability Report

C. Global Competitiveness Report

D. World Economic Outlook

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Correct Answer: Option C

Explanation:
WEF publishes the Global Competitiveness Report.

This question belongs to: Economy GK Economy Set 1

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