The 'White Revolution' in India is associated with which brand? MCQ with Answer and Explanation

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The 'White Revolution' in India is associated with which brand?

A. Mother Dairy

B. Amul

C. Safal

D. NDDB

Answer: Option B

Solution (By JKSSB Mock Tests)

The White Revolution, or Operation Flood, is associated with Amul and dairy cooperatives.

This question belongs to: Economy GK Economy Set 1

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Question #1

The 'Export Promotion Capital Goods' scheme allows import of capital goods at:

A. only after export

B. higher duty

C. prohibited duty

D. zero duty subject to export obligation

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Correct Answer: Option D

Explanation:
EPCG allows import of capital goods at zero or concessional duty subject to export obligations.

This question belongs to: Economy GK Economy Set 1

Question #2

The 'Goods and Services Tax' rate on cinema tickets above Rs 100 is:

A. 12%

B. 18%

C. 28%

D. 5%

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Correct Answer: Option B

Explanation:
Cinema tickets above Rs 100 attract 18% GST.

This question belongs to: Economy GK Economy Set 1

Question #3

The expenditure on old age pension is classified as:

A. revenue expenditure

B. capital expenditure

C. developmental expenditure

D. plan expenditure

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Correct Answer: Option A

Explanation:
Old age pension is a recurring revenue expenditure that does not create assets.

This question belongs to: Economy GK Economy Set 1

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