Which of the following is a characteristic of a public enterprise? MCQ with Answer and Explanation

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Which of the following is a characteristic of a public enterprise?

A. Absence of social objectives

B. Ownership and control by the government

C. Profit maximisation as the sole objective

D. Ownership and control by private individuals

Answer: Option B

Solution (By JKSSB Mock Tests)

Public enterprises are owned and controlled by the government and often pursue social objectives along with commercial ones.

This question belongs to: Economy GK Economy Set 1

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The 'National Solar Mission' in India is part of:

A. Make in India

B. Digital India

C. National Action Plan on Climate Change

D. Skill India

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Correct Answer: Option C

Explanation:
The National Solar Mission is one of the eight missions under the National Action Plan on Climate Change.

This question belongs to: Economy GK Economy Set 1

Question #2

The 'Goods and Services Tax' on shipping services is:

A. 18%

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C. 28%

D. 5%

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Correct Answer: Option A

Explanation:
Shipping services attract 18% GST, with some exemptions.

This question belongs to: Economy GK Economy Set 1

Question #3

The main emphasis of the Second Five Year Plan was:

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Correct Answer: Option C

Explanation:
The Second Plan emphasized rapid industrialization, especially basic and heavy industries.

This question belongs to: Economy GK Economy Set 1

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