The 'SAARC Preferential Trading Arrangement' became operational in which year? MCQ with Answer and Explanation

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The 'SAARC Preferential Trading Arrangement' became operational in which year?

A. 1990

B. 2000

C. 1995

D. 2005

Answer: Option C

Solution (By JKSSB Mock Tests)

SAPTA became operational in 1995.

This question belongs to: Economy GK Economy Set 1

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Question #1

Which of the following is a permitted asset for Statutory Liquidity Ratio?

A. Gold and government securities

B. Mutual fund units

C. Equity shares

D. Corporate bonds

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Correct Answer: Option A

Explanation:
SLR assets include cash, gold and approved government securities.

This question belongs to: Economy GK Economy Set 1

Question #2

The 'Paramparagat Krishi Vikas Yojana' promotes:

A. chemical farming

B. hydroponics only

C. GM crops

D. organic farming

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Correct Answer: Option D

Explanation:
PKVY promotes organic farming through cluster-based approach.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'Tax Deducted at Source' on salary is deducted by:

A. RBI

B. Income Tax Department

C. employee

D. employer

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Correct Answer: Option D

Explanation:
Employer deducts TDS on salary.

This question belongs to: Economy GK Economy Set 1

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