The 'Urjit Patel Committee' recommended which inflation target for India? MCQ with Answer and Explanation

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The 'Urjit Patel Committee' recommended which inflation target for India?

A. 5% fixed

B. 6% with a band of +/- 1%

C. 4% with a band of +/- 2%

D. 2%

Answer: Option C

Solution (By JKSSB Mock Tests)

The Urjit Patel Committee recommended an inflation target of 4% with a +/- 2% band.

This question belongs to: Economy GK Economy Set 1

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The 'BharatNet' project aims to provide broadband connectivity to:

A. all Gram Panchayats

B. all industrial towns

C. all state capitals only

D. all urban households

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Correct Answer: Option A

Explanation:
BharatNet aims to provide broadband connectivity to all Gram Panchayats.

This question belongs to: Economy GK Economy Set 1

Question #2

The 'GST Council' has a secretariat located in:

A. Gandhinagar

B. Mumbai

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D. New Delhi

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Correct Answer: Option D

Explanation:
GST Council secretariat is in New Delhi.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'Inter-American Development Bank' is headquartered in:

A. Mexico City

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D. Washington D.C.

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Correct Answer: Option D

Explanation:
The Inter-American Development Bank is headquartered in Washington D.C.

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