The 'Pradhan Mantri Suraksha Bima Yojana' provides insurance against: MCQ with Answer and Explanation

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The 'Pradhan Mantri Suraksha Bima Yojana' provides insurance against:

A. accidental death and disability

B. crop loss

C. health expenses

D. unemployment

Answer: Option A

Solution (By JKSSB Mock Tests)

PMSBY provides accidental death and disability insurance.

This question belongs to: Economy GK Economy Set 1

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Practice More Economy Set 1 Questions

Question #1

Which of the following is a cause of frictional unemployment?

A. Economic recession

B. Time taken to find a new job after leaving the previous one

C. Decline of an industry

D. Seasonal nature of agriculture

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Correct Answer: Option B

Explanation:
Frictional unemployment occurs due to the time lag involved in people searching for and moving between jobs. It is short-term and voluntary in nature.

This question belongs to: Economy GK Economy Set 1

Question #2

The 'Goods and Services Tax' on unbranded cereals is:

A. 5%

B. 0%

C. 12%

D. 18%

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Correct Answer: Option B

Explanation:
Unbranded cereals are exempt from GST.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'Goods and Services Tax' on architectural services is:

A. 12%

B. 18%

C. 5%

D. 28%

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Correct Answer: Option B

Explanation:
Architectural services attract 18% GST.

This question belongs to: Economy GK Economy Set 1

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