The 'Startup India' action plan was launched in which year? MCQ with Answer and Explanation

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The 'Startup India' action plan was launched in which year?

A. 2014

B. 2017

C. 2018

D. 2016

Answer: Option D

Solution (By JKSSB Mock Tests)

Startup India was launched in January 2016.

This question belongs to: Economy GK Economy Set 1

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Practice More Economy Set 1 Questions

Question #1

The 'Goods and Services Tax' on circus and theatre performances is:

A. 0%

B. 18%

C. 12%

D. exempt for certain theatre and circus performances

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Correct Answer: Option D

Explanation:
Certain theatre and circus performances are exempt from GST.

This question belongs to: Economy GK Economy Set 1

Question #2

The concept of consumer surplus was developed by:

A. Adam Smith

B. David Ricardo

C. Alfred Marshall

D. J.M. Keynes

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Correct Answer: Option C

Explanation:
Alfred Marshall developed the concept of consumer surplus.

This question belongs to: Economy GK Economy Set 1

Question #3

The term 'Primary Market' in the capital market is the market for:

A. Trading of existing securities

B. Only short-term money market instruments

C. Issue of new securities by companies and governments

D. Only agricultural commodities

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Correct Answer: Option C

Explanation:
The primary market is where new securities are issued and sold for the first time to raise fresh capital. The secondary market deals with subsequent trading of existing securities.

This question belongs to: Economy GK Economy Set 1

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