The 'Rashtriya Krishi Vikas Yojana' aims at: MCQ with Answer and Explanation

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The 'Rashtriya Krishi Vikas Yojana' aims at:

A. urban housing

B. agricultural development and infrastructure

C. industrial growth

D. tourism development

Answer: Option B

Solution (By JKSSB Mock Tests)

RKVY aims at promoting agricultural development and related infrastructure.

This question belongs to: Economy GK Economy Set 1

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Question #1

Which of the following taxes is progressive in nature?

A. Income tax

B. Customs duty

C. Sales tax

D. Excise duty

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Correct Answer: Option A

Explanation:
A progressive tax is one where the tax rate increases with the increase in the taxable amount. Personal income tax in India is progressive with different slabs.

This question belongs to: Economy GK Economy Set 1

Question #2

The Soil Health Card scheme provides farmers information on:

A. soil nutrient status and recommended fertilizer use

B. weather forecast

C. land ownership records

D. market prices

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Correct Answer: Option A

Explanation:
Soil Health Cards provide information on soil nutrient status and fertilizer recommendations.

This question belongs to: Economy GK Economy Set 1

Question #3

Which of the following is a characteristic of a public enterprise?

A. Profit maximisation as the sole objective

B. Ownership and control by private individuals

C. Absence of social objectives

D. Ownership and control by the government

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Correct Answer: Option D

Explanation:
Public enterprises are owned and controlled by the government and often pursue social objectives along with commercial ones.

This question belongs to: Economy GK Economy Set 1

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