The 'Sukanya Samriddhi Yojana' is a savings scheme for: MCQ with Answer and Explanation

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The 'Sukanya Samriddhi Yojana' is a savings scheme for:

A. unemployed youth

B. senior citizens

C. girl child

D. farmers

Answer: Option C

Solution (By JKSSB Mock Tests)

Sukanya Samriddhi Yojana is a savings scheme for the girl child.

This question belongs to: Economy GK Economy Set 1

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Practice More Economy Set 1 Questions

Question #1

The 'dependency theory' of economic development argues that developing countries are:

A. independent and self-sufficient

B. unaffected by global trade

C. growing faster than developed countries

D. dependent on developed countries and face unequal exchange

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Correct Answer: Option D

Explanation:
Dependency theory argues developing countries are economically dependent on developed countries.

This question belongs to: Economy GK Economy Set 1

Question #2

Which of the following is a qualitative method of credit control used by RBI?

A. Open Market Operations

B. Bank Rate

C. Cash Reserve Ratio

D. Moral Suasion

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Correct Answer: Option D

Explanation:
Moral suasion is a qualitative (selective) method of credit control where RBI persuades banks to follow certain credit policies. Bank Rate, OMO and CRR are quantitative methods.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'Gift City' in Gujarat is an International Financial Services Centre that offers:

A. only domestic banking

B. tax incentives and international financial services

C. only commodity trading

D. only stock trading

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Correct Answer: Option B

Explanation:
GIFT City offers international financial services with tax and regulatory incentives.

This question belongs to: Economy GK Economy Set 1

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