The 'Universal Account Number' is related to which social security scheme? MCQ with Answer and Explanation

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The 'Universal Account Number' is related to which social security scheme?

A. Insurance

B. Pension

C. Maternity benefit

D. EPF

Answer: Option D

Solution (By JKSSB Mock Tests)

UAN is the universal account number for EPF members.

This question belongs to: Economy GK Economy Set 1

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Question #1

The 'Goods and Services Tax' on sale of land and completed buildings is:

A. 18%

B. 5%

C. 0%

D. exempt

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Correct Answer: Option D

Explanation:
Sale of land and completed buildings is not subject to GST.

This question belongs to: Economy GK Economy Set 1

Question #2

Broad money M3 in India consists of M1 plus:

A. government deposits

B. only post office deposits

C. foreign currency reserves

D. time deposits with banks

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Correct Answer: Option D

Explanation:
M3 is M1 plus time deposits with banks.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'National Anti-profiteering Authority' under GST was headed by a:

A. Supreme Court judge

B. Secretary-level officer

C. Finance Minister

D. RBI Governor

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Correct Answer: Option B

Explanation:
NAA was headed by a Secretary-level officer.

This question belongs to: Economy GK Economy Set 1

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