The 'Rashtriya Madhyamik Shiksha Abhiyan' was launched in: MCQ with Answer and Explanation

The 'Rashtriya Madhyamik Shiksha Abhiyan' was launched in:
A. 2009
B. 2012
C. 2005
D. 2014
Answer: Option A
Solution (By JKSSB Mock Tests)
Rashtriya Madhyamik Shiksha Abhiyan was launched in 2009.

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Practice More Economy Set 1 Questions

Question #1
The priority sector lending target for domestic scheduled commercial banks is what percentage of Adjusted Net Bank Credit?
A. 50%
B. 25%
C. 30%
D. 40%

Correct Answer: Option D


Explanation:
Domestic scheduled commercial banks are required to lend 40% of Adjusted Net Bank Credit to the priority sector.

This question belongs to: Economy GK Economy Set 1
Question #2
The 'Ricardo equivalence' proposition states that:
A. government borrowing is always expansionary
B. deficit-financed spending does not affect aggregate demand if households anticipate future taxes
C. taxes have no effect
D. government spending is always contractionary

Correct Answer: Option B


Explanation:
Ricardian equivalence argues that public borrowing is offset by higher private saving in anticipation of future taxes.

This question belongs to: Economy GK Economy Set 1
Question #3
Which of the following is a feature of the 'Interest Rate Parity' conditions?
A. They are independent of exchange rates
B. They apply only to real interest rates
C. They link interest rates and expected or forward exchange-rate changes across countries
D. They determine only domestic interest rates

Correct Answer: Option C


Explanation:
Both covered and uncovered interest parity conditions relate the interest differential between two countries to the forward premium or the expected change in the exchange rate.

This question belongs to: Economy GK Economy Set 1