The 'Skill India Mission' was launched in which year? MCQ with Answer and Explanation

Question

Share Report Error

The 'Skill India Mission' was launched in which year?

A. 2015

B. 2014

C. 2017

D. 2016

Answer: Option A

Solution (By JKSSB Mock Tests)

Skill India Mission was launched in 2015.

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

The 'Goods and Services Tax' rate on e-books is:

A. 0%

B. 5%

C. 18%

D. 12%

View Answer & Solution Discuss

Get Complete Subject PDF for Economy GK

Correct Answer: Option B

Explanation:
E-books attract 5% GST.

This question belongs to: Economy GK Economy Set 1

Question #2

In the context of demand theory, the law of demand states that, ceteris paribus:

A. Income and quantity demanded are inversely related

B. Price and supply are inversely related

C. Price and quantity demanded are inversely related

D. Price and quantity demanded are positively related

View Answer & Solution Discuss

Get Complete Subject PDF for Economy GK

Correct Answer: Option C

Explanation:
The law of demand states that, other things remaining constant, the quantity demanded of a commodity falls when its price rises and rises when its price falls, indicating an inverse relationship between price and quantity demanded.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'reverse charge mechanism' under GST is applicable when:

A. a registered supplier sells to an unregistered recipient

B. the recipient is required to pay tax instead of the supplier

C. goods are exported

D. goods are imported only

View Answer & Solution Discuss

Get Complete Subject PDF for Economy GK

Correct Answer: Option B

Explanation:
Under reverse charge, the recipient pays GST instead of the supplier.

This question belongs to: Economy GK Economy Set 1

Explore All Economy Set 1 MCQs