The 'strategic sale' in disinvestment means: MCQ with Answer and Explanation

Question

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The 'strategic sale' in disinvestment means:

A. merger of two PSUs

B. buyback of shares

C. sale of controlling shareholding to a private or strategic buyer

D. sale of shares in the stock market

Answer: Option C

Solution (By JKSSB Mock Tests)

Strategic sale involves transfer of management control.

This question belongs to: Economy GK Economy Set 1

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Question #1

The 'Goods and Services Tax' rate on financial services is:

A. 28%

B. 5%

C. 12%

D. 18%

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Correct Answer: Option D

Explanation:
Financial services generally attract 18% GST.

This question belongs to: Economy GK Economy Set 1

Question #2

The 'Norges Bank Investment Management' manages the sovereign wealth fund of:

A. Saudi Arabia

B. China

C. UAE

D. Norway

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Correct Answer: Option D

Explanation:
Norges Bank Investment Management manages Norway's Government Pension Fund Global.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'Pradhan Mantri Awaas Yojana - Gramin' aims to provide:

A. skill training

B. pucca houses to rural poor

C. urban housing

D. crop loans

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Correct Answer: Option B

Explanation:
PMAY-G provides pucca houses with basic amenities to rural poor households.

This question belongs to: Economy GK Economy Set 1

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