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Economics General Knowledge Questions

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Q :  On which great mahatma's name is "National Rural Employment Guarantee Scheme?"

(A) Rajeev Gandhi

(B) Mahatama Gandhi

(C) Indira Gandhi

(D) Jawahar Lal Nehru

Correct Answer : B
Explanation :

The Government of India passed the Mahatma Gandhi National Rural Employment Guarantee Act, 2005 in September, 2005. The Act gives legal guarantee of a hundred days of wage employment in a financial year to adult members of a rural household who demand employment and are willing to do unskilled manual work.


Q :  

Short-term finance is usually for a period ranging up to

(A) 5 months

(B) 10 months

(C) 12 months

(D) 8 months

Correct Answer : C

 

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