Ujwal DISCOM Assurance Yojana primarily addresses: MCQ with Answer and Explanation

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Ujwal DISCOM Assurance Yojana primarily addresses:

A. rural sanitation

B. solar panel manufacturing

C. coal imports

D. financial health of power distribution companies

Answer: Option D

Solution (By JKSSB Mock Tests)

UDAY aims at financial turnaround of power distribution companies.

This question belongs to: Economy GK Economy Set 1

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Question #1

Disinvestment refers to:

A. foreign investment in defence

B. purchase of private sector equity by the government

C. borrowing from the IMF

D. sale of government equity in public sector enterprises

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Correct Answer: Option D

Explanation:
Disinvestment is the sale of government equity in public sector enterprises.

This question belongs to: Economy GK Economy Set 1

Question #2

The 'Goods and Services Tax' rate on cement is:

A. 28%

B. 5%

C. 12%

D. 18%

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Correct Answer: Option A

Explanation:
Cement attracts 28% GST.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'Primary deficit' is a useful measure because it shows:

A. the entire fiscal deficit

B. only capital deficit

C. the deficit excluding interest payments

D. only revenue deficit

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Correct Answer: Option C

Explanation:
Primary deficit excludes interest payments from fiscal deficit.

This question belongs to: Economy GK Economy Set 1

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