Which of the following is NOT a maturity period for Treasury bills in India? MCQ with Answer and Explanation

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Which of the following is NOT a maturity period for Treasury bills in India?

A. 730 days

B. 182 days

C. 364 days

D. 91 days

Answer: Option A

Solution (By JKSSB Mock Tests)

Treasury bills in India are issued for 91, 182 and 364 days.

This question belongs to: Economy GK Economy Set 1

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Question #1

The 'Money Bill' under Article 110 includes matters related to:

A. police

B. taxation, borrowing, expenditure from Consolidated Fund

C. foreign affairs

D. defence

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Correct Answer: Option B

Explanation:
Money Bill deals with taxes, borrowing, custody of Consolidated Fund, etc.

This question belongs to: Economy GK Economy Set 1

Question #2

The 'Stand-Up India' scheme provides loans to SC/ST and women entrepreneurs for:

A. foreign travel

B. agriculture only

C. setting up greenfield enterprises

D. purchasing vehicles only

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Correct Answer: Option C

Explanation:
Stand-Up India provides loans to SC/ST and women entrepreneurs to set up greenfield enterprises.

This question belongs to: Economy GK Economy Set 1

Question #3

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

A. 28%

B. 18%

C. 12%

D. 5%

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Correct Answer: Option B

Explanation:
Engineering services attract 18% GST.

This question belongs to: Economy GK Economy Set 1

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