The 'Yojana Aayog' is the Hindi name for: MCQ with Answer and Explanation

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The 'Yojana Aayog' is the Hindi name for:

A. GST Council

B. Planning Commission

C. NITI Aayog

D. Finance Commission

Answer: Option B

Solution (By JKSSB Mock Tests)

The Planning Commission was known as Yojana Aayog in Hindi.

This question belongs to: Economy GK Economy Set 1

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Question #1

The concept of 'Liquidity Trap' was introduced by:

A. David Ricardo

B. Adam Smith

C. Milton Friedman

D. John Maynard Keynes

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Correct Answer: Option D

Explanation:
Keynes introduced the concept of liquidity trap, a situation where interest rates are so low that people prefer to hold cash rather than invest in bonds, making monetary policy ineffective.

This question belongs to: Economy GK Economy Set 1

Question #2

The 'Periodic Labour Force Survey' was started in which year?

A. 2019

B. 2015

C. 2018

D. 2017

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Correct Answer: Option D

Explanation:
PLFS was launched in 2017.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'Union Budget' is presented under which article of the Constitution?

A. Article 280

B. Article 265

C. Article 110

D. Article 112

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Correct Answer: Option D

Explanation:
The Annual Financial Statement is presented under Article 112.

This question belongs to: Economy GK Economy Set 1

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