The 'UJALA' scheme is related to: MCQ with Answer and Explanation

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The 'UJALA' scheme is related to:

A. water connections

B. LPG connections

C. electricity connections

D. distribution of LED bulbs

Answer: Option D

Solution (By JKSSB Mock Tests)

UJALA distributes energy-efficient LED bulbs.

This question belongs to: Economy GK Economy Set 1

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Question #1

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The 'Nationally Determined Contributions' under the Paris Agreement are:

A. financial penalties

B. trade restrictions

C. binding emission targets for all countries

D. voluntary climate action commitments by each country

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Correct Answer: Option D

Explanation:
NDCs are voluntary national climate action pledges under the Paris Agreement.

This question belongs to: Economy GK Economy Set 1

Question #2

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The 'consumer price index' for rural and urban areas separately is compiled by:

A. RBI

B. Ministry of Finance

C. Labour Bureau

D. National Statistical Office

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Correct Answer: Option D

Explanation:
CPI-Rural and CPI-Urban are compiled by the NSO.

This question belongs to: Economy GK Economy Set 1

Question #3

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The 'systemically important financial institution' is one whose failure could:

A. reduce inflation

B. trigger a systemic crisis

C. benefit other banks

D. have no effect on the economy

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Correct Answer: Option B

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

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