The 'Seventh Five Year Plan' period was: MCQ with Answer and Explanation

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The 'Seventh Five Year Plan' period was:

A. 1985-1990

B. 1978-1983

C. 1990-1995

D. 1980-1985

Answer: Option A

Solution (By JKSSB Mock Tests)

The Seventh Five Year Plan covered 1985-1990.

This question belongs to: Economy GK Economy Set 1

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Question #1

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The 'Balance of Payments' current account includes which of the following?

A. Portfolio investment

B. Foreign direct investment

C. Net income from abroad

D. External commercial borrowing

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Correct Answer: Option C

Explanation:
Net income from abroad is part of the current account.

This question belongs to: Economy GK Economy Set 1

Question #2

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The 'Goods and Services Tax' on digital products such as e-books is:

A. 18%

B. 5%

C. 0%

D. 12%

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Correct Answer: Option B

Explanation:
E-books and digital products attract 5% GST.

This question belongs to: Economy GK Economy Set 1

Question #3

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The 'Sagarmala' programme was launched in:

A. 2017

B. 2015

C. 2016

D. 2013

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Correct Answer: Option B

Explanation:
Sagarmala was launched in 2015.

This question belongs to: Economy GK Economy Set 1

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