The 'Pradhan Mantri Poshan Shakti Nirman' is a programme for: MCQ with Answer and Explanation

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The 'Pradhan Mantri Poshan Shakti Nirman' is a programme for:

A. hot cooked meals in schools

B. rural housing

C. skill development

D. education loans

Answer: Option A

Solution (By JKSSB Mock Tests)

PM POSHAN provides hot cooked meals in government and aided schools.

This question belongs to: Economy GK Economy Set 1

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Question #1

The 'Goods and Services Tax' on digital products such as e-books is:

A. 18%

B. 12%

C. 5%

D. 0%

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Correct Answer: Option C

Explanation:
E-books and digital products attract 5% GST.

This question belongs to: Economy GK Economy Set 1

Question #2

The 'Goods and Services Tax' was launched in India on which date?

A. 15 August 2017

B. 1 July 2017

C. 1 April 2017

D. 1 January 2017

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Correct Answer: Option B

Explanation:
GST was launched on 1 July 2017.

This question belongs to: Economy GK Economy Set 1

Question #3

In the context of banking, SLR stands for:

A. Standard Liquidity Ratio

B. Statutory Liquidity Ratio

C. Scheduled Liquidity Ratio

D. Statutory Lending Ratio

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Correct Answer: Option B

Explanation:
Statutory Liquidity Ratio is the percentage of deposits that commercial banks are required to maintain in the form of liquid assets such as cash, gold or approved securities.

This question belongs to: Economy GK Economy Set 1

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