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Indian EconomyEasyAsked in: RRB NTPC · 05 Jun, 2025, Shift 1

How many cities were initially included under the Smart Cities Mission launched by the Government of India?

  1. A.100
  2. B.50
  3. C.200
  4. D.150

Correct answer

A. 100

Explanation

The correct answer is A, 100. The Smart Cities Mission was launched on 25 June 2015 by the Ministry of Housing and Urban Affairs for 100 cities, chosen through a two-stage City Challenge competition in which states nominated cities and the cities then sent in their own proposals. Each selected city set up a Special Purpose Vehicle to carry out the work, and the funding was shared between the Centre and the state. The same day of June 2015 also saw the launch of AMRUT and of the Pradhan Mantri Awas Yojana (Urban), so the three urban missions are often asked together. Option B is wrong because 50 is not the mission's figure; the first list announced in January 2016 named 20 cities. Option C is wrong because 200 exceeds the sanctioned number. Option D is wrong because 150 belongs to no stage of the mission. Exam tip: Smart Cities Mission — 25 June 2015, 100 cities, first 20 named in January 2016.

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Q2.Indian EconomyAsked in: CDS · CDS-I 2018, GKHard

Consider the following statements about impact of tax : 1. A tax is shifted forward to consumers if the demand is inelastic relative to supply. 2. A tax is shifted backward to producers if the supply is relatively more inelastic than demand. Which of the statements given above is/are correct?

  1. A.1 only
  2. B.2 only
  3. C.Both 1 and 2
  4. D.Neither 1 nor 2
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Correct answer: C. Both 1 and 2

The burden of a tax falls more heavily on whichever side of the market is less elastic, the side that cannot easily walk away.

Q5.Indian EconomyAsked in: CDS · CDS-II 2017, GKHard

Why was constitutional amendment needed for introducing GST?

  1. A.States were not willing to agree with the Union for introduction of GST without amendment in the Constitution.
  2. B.GST was to be implemented on concurrent base and Article 246 was inadequate for such a case.
  3. C.The Empowered Committee of Finance Ministers had recommended for constitutional amendment.
  4. D.The GST Council had recommended for constitutional amendment so that its power enhances.
Show answer
Correct answer: B. GST was to be implemented on concurrent base and Article 246 was inadequate for such a case.

GST is levied by the Union and the States together on the same supply, and Article 246, which splits taxing powers between them through separate lists, did not allow such a concurrent tax.