The 'special economic zone' policy in India was first announced in which year? MCQ with Answer and Explanation

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The 'special economic zone' policy in India was first announced in which year?

A. 2000

B. 2010

C. 2005

D. 1995

Answer: Option A

Solution (By JKSSB Mock Tests)

SEZ policy was announced in April 2000.

This question belongs to: Economy GK Economy Set 1

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Question #1

The 'Economic Community of West African States' promotes economic integration in:

A. South America

B. West Africa

C. Europe

D. Asia

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Correct Answer: Option B

Explanation:
ECOWAS promotes economic integration in West Africa.

This question belongs to: Economy GK Economy Set 1

Question #2

The 'Fiscal Responsibility and Budget Management Act' originally targeted elimination of revenue deficit by which year?

A. 2006-07

B. 2008-09

C. 2010-11

D. 2013-14

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Correct Answer: Option B

Explanation:
FRBM aimed to eliminate revenue deficit by 2008-09.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'Bank of Calcutta' was established in which year?

A. 1865

B. 1840

C. 1770

D. 1806

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Correct Answer: Option D

Explanation:
The Bank of Calcutta, later Bank of Bengal, was established in 1806.

This question belongs to: Economy GK Economy Set 1

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