The 'Saubhagya' scheme aims to provide: MCQ with Answer and Explanation

Question

Share Report Error

The 'Saubhagya' scheme aims to provide:

A. water connections

B. gas connections

C. electricity connections to all households

D. bank accounts

Answer: Option C

Solution (By JKSSB Mock Tests)

Saubhagya aims to provide universal household electricity access.

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

In the context of banking regulation, Basel norms primarily deal with:

A. Exchange rate management

B. Interest rate determination

C. Capital adequacy, risk management and supervision of banks

D. Fiscal deficit targets

View Answer & Solution Discuss

Get Complete Subject PDF for Economy GK

Correct Answer: Option C

Explanation:
Basel norms (Basel I, II, III) are international banking regulations that set standards for capital adequacy, stress testing and market liquidity risk.

This question belongs to: Economy GK Economy Set 1

Question #2

The 'National Smart Grid Mission' aims to:

A. build roads

B. provide housing

C. promote tourism

D. modernize the power grid

View Answer & Solution Discuss

Get Complete Subject PDF for Economy GK

Correct Answer: Option D

Explanation:
The National Smart Grid Mission aims to modernize the electricity grid.

This question belongs to: Economy GK Economy Set 1

Question #3

The concept of 'Contestability' in digital markets refers to:

A. The complete impossibility of entry

B. The ease with which new entrants can challenge incumbent platforms despite the presence of network effects and data advantages

C. Only the size of the incumbent

D. Only the number of existing competitors

View Answer & Solution Discuss

Get Complete Subject PDF for Economy GK

Correct Answer: Option B

Explanation:
Contestability measures the extent to which potential competition can discipline incumbents; in digital markets it is often impaired by network effects, data advantages and switching costs.

This question belongs to: Economy GK Economy Set 1

Explore All Economy Set 1 MCQs