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

Ujwal DISCOM Assurance Yojana primarily addresses:
A. coal imports
B. financial health of power distribution companies
C. solar panel manufacturing
D. rural sanitation
Answer: Option B
Solution (By JKSSB Mock Tests)
UDAY aims at financial turnaround of power distribution companies.

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Practice More Economy Set 1 Questions

Question #1
The 'Estimates Committee' in Parliament examines:
A. CAG reports
B. foreign policy
C. budget estimates and efficiency of expenditure
D. judicial appointments

Correct Answer: Option C


Explanation:
Estimates Committee examines budget estimates and efficiency of expenditure.

This question belongs to: Economy GK Economy Set 1
Question #2
The 'Goods and Services Tax' on chocolates is:
A. 28%
B. 5%
C. 12%
D. 18%

Correct Answer: Option D


Explanation:
Chocolates attract 18% GST.

This question belongs to: Economy GK Economy Set 1
Question #3
Which of the following is a feature of the Indian capital market?
A. Presence of stock exchanges and long-term instruments
B. No role of mutual funds
C. Only short-term instruments
D. Absence of regulatory bodies

Correct Answer: Option A


Explanation:
The Indian capital market deals with long-term funds and includes stock exchanges, bonds, equities and mutual funds, regulated by SEBI.

This question belongs to: Economy GK Economy Set 1