The 'Rashtriya Uchchatar Shiksha Abhiyan' is related to: MCQ with Answer and Explanation

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The 'Rashtriya Uchchatar Shiksha Abhiyan' is related to:

A. skill development

B. higher education

C. primary education

D. adult literacy

Answer: Option B

Solution (By JKSSB Mock Tests)

RUSA is a centrally sponsored scheme for higher education.

This question belongs to: Economy GK Economy Set 1

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Question #1

The 'Consumer Price Index - Industrial Workers' is compiled by:

A. RBI

B. CSO

C. NITI Aayog

D. Labour Bureau

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Correct Answer: Option D

Explanation:
CPI-IW is compiled by the Labour Bureau.

This question belongs to: Economy GK Economy Set 1

Question #2

The concept of 'Tragedy of the Commons' illustrates:

A. The under-provision of public goods only

B. The efficient use of private goods

C. The benefits of free access to all resources

D. The overuse of a common-pool resource when property rights are not well defined

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Correct Answer: Option D

Explanation:
The tragedy of the commons describes the tendency for a shared, non-excludable but rivalrous resource to be over-exploited when individual users do not bear the full social cost of their actions.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'Goods and Services Tax' on online information and database access or retrieval services is:

A. 18%

B. 5%

C. 12%

D. 28%

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Correct Answer: Option A

Explanation:
OIDAR services attract 18% GST.

This question belongs to: Economy GK Economy Set 1

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