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

The 'Universal Account Number' is related to which social security scheme?
A. Pension
B. Insurance
C. Maternity benefit
D. EPF
Answer: Option D
Solution (By JKSSB Mock Tests)
UAN is the universal account number for EPF members.

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Practice More Economy Set 1 Questions

Question #1
The concept of 'Tragedy of the Commons' illustrates:
A. The under-provision of public goods only
B. The efficient use of private goods
C. The overuse of a common-pool resource when property rights are not well defined
D. The benefits of free access to all resources

Correct Answer: Option C


Explanation:
The tragedy of the commons describes the tendency for a shared, non-excludable but rivalrous resource to be over-exploited when individual users do not bear the full social cost of their actions.

This question belongs to: Economy GK Economy Set 1
Question #2
Which of the following is a major source of non-tax revenue for the Government of India?
A. Corporation tax
B. Interest receipts and dividends from PSUs
C. Personal income tax
D. Customs duty

Correct Answer: Option B


Explanation:
Interest receipts on loans given by the government and dividends/profits from public sector enterprises are important components of non-tax revenue.

This question belongs to: Economy GK Economy Set 1
Question #3
The 'Pradhan Mantri Awaas Yojana - Gramin' aims to provide:
A. urban housing
B. pucca houses to rural poor
C. skill training
D. crop loans

Correct Answer: Option B


Explanation:
PMAY-G provides pucca houses with basic amenities to rural poor households.

This question belongs to: Economy GK Economy Set 1