The 'RuPay' card is a product of: MCQ with Answer and Explanation

Question

Share Report Error

The 'RuPay' card is a product of:

A. National Payments Corporation of India

B. RBI

C. SEBI

D. SBI

Answer: Option A

Solution (By JKSSB Mock Tests)

RuPay card is an Indian payment card product of NPCI.

This question belongs to: Economy GK Economy Set 1

Request complete Subject PDF

Discuss this Question (0)

No comments yet. Be the first to start the discussion!

Practice More Economy Set 1 Questions

Question #1

Share Report

The 'Minimum Support Price' is based on which cost concept?

A. C2 cost

B. C3 cost only

C. A2 + FL cost

D. only paid-out costs

View Answer & Solution Discuss

Get Complete Subject PDF for Economy GK

Correct Answer: Option C

Explanation:
MSP is based on A2 plus family labour (FL) cost, though CACP recommends and government can consider C2.

This question belongs to: Economy GK Economy Set 1

Question #2

Share Report

Price discrimination is most commonly possible under which market structure?

A. Oligopoly

B. Monopolistic competition

C. Perfect competition

D. Monopoly

View Answer & Solution Discuss

Get Complete Subject PDF for Economy GK

Correct Answer: Option D

Explanation:
A monopolist can practise price discrimination because it has market power and can prevent resale.

This question belongs to: Economy GK Economy Set 1

Question #3

Share Report

The 'Stand-Up India' scheme provides loans to SC/ST and women entrepreneurs for:

A. setting up greenfield enterprises

B. foreign travel

C. agriculture only

D. purchasing vehicles only

View Answer & Solution Discuss

Get Complete Subject PDF for Economy GK

Correct Answer: Option A

Explanation:
Stand-Up India provides loans to SC/ST and women entrepreneurs to set up greenfield enterprises.

This question belongs to: Economy GK Economy Set 1

Explore All Economy Set 1 MCQs