The 'Tribunals for other matters' are established under which article? MCQ with Answer and Explanation

The 'Tribunals for other matters' are established under which article?
A. Article 323B
B. Article 324
C. Article 329
D. Article 323A
Answer: Option A
Solution (By JKSSB Mock Tests)
Tribunals for other matters are established under Article 323B.

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Practice More Economy Set 1 Questions

Question #1
The 'Tobin tax' is a proposed tax on:
A. short-term foreign exchange transactions
B. imports
C. property
D. income

Correct Answer: Option A


Explanation:
A Tobin tax is a tax on short-term foreign exchange transactions to reduce speculative flows.

This question belongs to: Economy GK Economy Set 1
Question #2
The 'Multi-State Cooperative Societies Act' was enacted in which year?
A. 2002
B. 2006
C. 2012
D. 1984

Correct Answer: Option A


Explanation:
The Multi-State Cooperative Societies Act was enacted in 2002.

This question belongs to: Economy GK Economy Set 1
Question #3
The 'systemically important financial institution' is one whose failure could:
A. trigger a systemic crisis
B. benefit other banks
C. reduce inflation
D. have no effect on the economy

Correct Answer: Option A


Explanation:
A systemically important institution is too big or interconnected to fail without causing systemic risk.

This question belongs to: Economy GK Economy Set 1