Which of the following is a feature of the 'Job Guarantee' proposal? MCQ with Answer and Explanation

Which of the following is a feature of the 'Job Guarantee' proposal?
A. Only private-sector job creation without public involvement
B. A public programme that offers employment at a living wage to anyone willing and able to work
C. Only unemployment insurance without job offers
D. Only training programmes without employment
Answer: Option B
Solution (By JKSSB Mock Tests)
A job-guarantee programme commits the public sector to provide a job at a basic living wage to every person who wants one, thereby eliminating involuntary unemployment and establishing an effective wage floor.

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Practice More Economy Set 1 Questions

Question #1
The Real Effective Exchange Rate differs from NEER because REER:
A. is always higher
B. includes only the US dollar
C. adjusts for relative price or inflation differences
D. ignores inflation

Correct Answer: Option C


Explanation:
REER is NEER adjusted for relative inflation differences.

This question belongs to: Economy GK Economy Set 1
Question #2
The 'RBI's Annual Report' is published by:
A. National Statistical Office
B. Reserve Bank of India
C. NITI Aayog
D. Ministry of Finance

Correct Answer: Option B


Explanation:
The RBI publishes its Annual Report.

This question belongs to: Economy GK Economy Set 1
Question #3
The 'Goods and Services Tax' rate on admission to cultural events is:
A. 0%
B. 18%
C. 12%
D. 28%

Correct Answer: Option B


Explanation:
Admission to cultural events generally attracts 18% GST, with some exemptions.

This question belongs to: Economy GK Economy Set 1