Prime Minister Jan Dhan Yojana provides free Accident Insurance upto :

• Rs. 1 lac
• Rs. 1.5 lacs
• Rs. 2 lacs
• Rs. 2.5 lacs
Correct Option: A  [ Rs. 1 lac ]

Remark:

The World Trade Organisation has replaced which organisation ?

• ITO
• UNCTAD
• GATT
• OECD
Correct Option: C  [ GATT ]

Remark:

Which of the following is a primary sector of economic activities in India ?

• Food processing
• Telecom services
• Manufacturing industry
• Agriculture
Correct Option: D  [ Agriculture ]

Remark:

Government imposes taxes to:

• run the machinery of State
• uplift of weaker sections
• check the accumulation of wealth among the rich
• None of the above
Correct Option: A  [ run the machinery of State ]

Remark:

Which of the following Committees are related to Banking reforms:
i) Narsimham Committee
ii) P J Nayak Committee
iii) Sunil Mehta Committee
iv) Nachiket Mor Committee

• (i), (ii) and (iii) only
• (ii), (iii) and (iv) only
• (i) and (iv) only
• (i), (ii), (iii) and (iv)
Correct Option: D  [ (i), (ii), (iii) and (iv) ]

Remark:

The Gandhian economy is based on the principle of:

• Competition
• Trusteeship
• State Control
• None of the above
Correct Option: B  [ Trusteeship ]

Remark:

Parallel economy refers to:

• Traditional economy
• Black money
• Agriculture based economy
• Socialist economy
Correct Option: B  [ Black money ]

Remark:

NPA of a commercial bank means:

• Net-Performing Asset
• New-Performing Asset
• Non-Personal Account
• Non-Performing Asset
Correct Option: D  [ Non-Performing Asset ]

Remark: A non performing asset (NPA) is a loan or advance for which the principal or interest payment remained overdue for long period.

Which is the following is direct tax ?

• Income tax
• Excise duty
• Sales tax
• None of these
Correct Option: A  [ Income tax ]

Remark:

The full form of GST is:

• General Sales Tax
• Goods and Services Tax
• Government Special Tax
• General Service Tax
Correct Option: B  [ Goods and Services Tax ]

Remark: