The Self-Help Group Bank Linkage Programme in India is implemented mainly by: MCQ with Answer and Explanation

The Self-Help Group Bank Linkage Programme in India is implemented mainly by:
A. IRDA
B. NABARD
C. EXIM Bank
D. SEBI
Answer: Option B
Solution (By JKSSB Mock Tests)
NABARD is the main implementing agency for the SHG-Bank Linkage Programme.

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Practice More Economy Set 1 Questions

Question #1
The 'Goods and Services Tax' rate on construction of residential property in an affordable housing project is:
A. 12%
B. 1% without ITC
C. 5% without ITC
D. 18%

Correct Answer: Option B


Explanation:
Affordable housing construction attracts 1% GST without input tax credit.

This question belongs to: Economy GK Economy Set 1
Question #2
The 'International Criminal Court' is located in:
A. Geneva
B. New York
C. Vienna
D. The Hague

Correct Answer: Option D


Explanation:
ICC is located in The Hague.

This question belongs to: Economy GK Economy Set 1
Question #3
Which of the following is a characteristic of 'Prospect Theory' developed by Kahneman and Tversky?
A. Losses and gains are treated symmetrically
B. People always maximise expected utility with stable preferences
C. People evaluate outcomes relative to a reference point and are loss-averse
D. Only final wealth levels matter

Correct Answer: Option C


Explanation:
Prospect theory posits that individuals evaluate outcomes as gains or losses relative to a reference point, overweight small probabilities, and exhibit loss aversion (losses loom larger than gains).

This question belongs to: Economy GK Economy Set 1