The 'Startup India' initiative is implemented by which department? MCQ with Answer and Explanation

Question

Share Report Error

The 'Startup India' initiative is implemented by which department?

A. Department for Promotion of Industry and Internal Trade

B. Ministry of Skill Development

C. Ministry of Finance

D. NITI Aayog

Answer: Option A

Solution (By JKSSB Mock Tests)

Startup India is implemented by DPIIT.

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 'income effect' of a price rise in a normal good leads to:

A. decreased purchase of the good

B. no change in purchase

C. increased purchase of the good

D. purchase of inferior goods only

View Answer & Solution Discuss

Get Complete Subject PDF for Economy GK

Correct Answer: Option A

Explanation:
A price rise reduces real income, so the income effect causes less purchase of a normal good.

This question belongs to: Economy GK Economy Set 1

Question #2

The 'Goods and Services Tax' rate on water supply is:

A. 0%

B. not under GST

C. 5%

D. 18%

View Answer & Solution Discuss

Get Complete Subject PDF for Economy GK

Correct Answer: Option A

Explanation:
Water supply through public taps is exempt from GST.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'four-sector economy' circular flow includes:

A. households, firms, government and foreign sector

B. households, firms, banks and foreign sector

C. households, firms, government and banks only

D. households, government, banks and firms

View Answer & Solution Discuss

Get Complete Subject PDF for Economy GK

Correct Answer: Option A

Explanation:
A four-sector economy includes households, firms, government and the external sector.

This question belongs to: Economy GK Economy Set 1

Explore All Economy Set 1 MCQs