The 'Pradhan Mantri Mudra Yojana' is implemented through which institutions? MCQ with Answer and Explanation

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The 'Pradhan Mantri Mudra Yojana' is implemented through which institutions?

A. Banks, NBFCs, MFIs and other intermediaries

B. Post offices only

C. Insurance companies

D. NABARD only

Answer: Option A

Solution (By JKSSB Mock Tests)

MUDRA loans are provided through banks, NBFCs, microfinance institutions and other intermediaries.

This question belongs to: Economy GK Economy Set 1

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Question #1

The term 'Primary Market' in the capital market refers to:

A. Market for short-term funds only

B. Market for trading existing securities

C. Market for agricultural commodities

D. Market for issue of new securities

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Correct Answer: Option D

Explanation:
The primary market is the market where new securities are issued by companies or governments for the first time to raise capital. The secondary market deals with existing securities.

This question belongs to: Economy GK Economy Set 1

Question #2

The 'Gross National Product' at factor cost equals GDP at factor cost plus:

A. indirect taxes

B. subsidies

C. depreciation

D. net factor income from abroad

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Correct Answer: Option D

Explanation:
GNP at factor cost = GDP at factor cost + net factor income from abroad.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'Goods and Services Tax' on carbonated water is:

A. 12%

B. 5%

C. 18%

D. 28% plus cess

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Correct Answer: Option D

Explanation:
Carbonated water and aerated drinks attract 28% GST plus cess.

This question belongs to: Economy GK Economy Set 1

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