The 'SWAYAM' platform is related to: MCQ with Answer and Explanation

The 'SWAYAM' platform is related to:
A. online courses and MOOCs
B. online banking
C. stock trading
D. tax filing
Answer: Option A
Solution (By JKSSB Mock Tests)
SWAYAM is an online platform offering MOOCs.

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Practice More Economy Set 1 Questions

Question #1
The 'Economic Survey' in India is published by:
A. NSO
B. Ministry of Finance
C. NITI Aayog
D. RBI

Correct Answer: Option B


Explanation:
Economic Survey is published by the Ministry of Finance.

This question belongs to: Economy GK Economy Set 1
Question #2
In the context of behavioural public finance, 'Tax Salience' refers to:
A. Only the administrative cost of the tax
B. Only the progressivity of the tax
C. The degree to which a tax is noticed and taken into account by decision-makers
D. Only the statutory tax rate

Correct Answer: Option C


Explanation:
Tax salience measures how visible or noticeable a tax is to the agents who pay it; less salient taxes tend to produce smaller behavioural responses than more salient ones of equal magnitude.

This question belongs to: Economy GK Economy Set 1
Question #3
The 'bank rate' in India is currently aligned with:
A. reverse repo rate
B. repo rate
C. MSF rate
D. CRR

Correct Answer: Option C


Explanation:
The bank rate is aligned with the MSF rate.

This question belongs to: Economy GK Economy Set 1