The 'South Asian Free Trade Area' agreement came into force in which year? MCQ with Answer and Explanation

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The 'South Asian Free Trade Area' agreement came into force in which year?

A. 2004

B. 1995

C. 2006

D. 2010

Answer: Option C

Solution (By JKSSB Mock Tests)

SAFTA came into force in 2006.

This question belongs to: Economy GK Economy Set 1

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Question #1

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The 'worker population ratio' is defined as:

A. unemployed divided by labour force

B. workers divided by total population

C. labour force divided by population

D. workers divided by population in relevant age group

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Correct Answer: Option D

Explanation:
Worker population ratio is workers as a percentage of population in the relevant age group.

This question belongs to: Economy GK Economy Set 1

Question #2

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The 'Goods and Services Tax' on instant food mixes is:

A. 18%

B. 28%

C. 5%

D. 12%

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Correct Answer: Option A

Explanation:
Instant food mixes attract 18% GST.

This question belongs to: Economy GK Economy Set 1

Question #3

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The 'National Rural Health Mission' was subsumed under:

A. Health and Wellness Centres

B. Ayushman Bharat

C. National Health Mission

D. PM-JAY

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Correct Answer: Option C

Explanation:
NRHM and NUHM were subsumed under the National Health Mission.

This question belongs to: Economy GK Economy Set 1

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