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Indian EconomyEasyAsked in: RRB ALP · CBT-1, 29 Aug 2018, Shift 2

On which date Swachh Bharat Mission was started by PM Narendra Modi to fulfill India's biggest dream of being a clean nation?

  1. A.2nd Oct 2014
  2. B.14th Nov 2015
  3. C.14th Nov 2014
  4. D.2nd Oct 2015

Correct answer

A. 2nd Oct 2014

Explanation

The correct answer is A, 2nd Oct 2014. Prime Minister Narendra Modi launched the Swachh Bharat Mission on 2 October 2014, Mahatma Gandhi's 145th birth anniversary, at Rajpath in New Delhi. Its target was a clean and open defecation free (ODF) India by 2 October 2019, Gandhiji's 150th birth anniversary, mainly by building household and community toilets and improving waste management. The mission has two parts, Swachh Bharat Mission (Gramin) for villages and Swachh Bharat Mission (Urban) for towns and cities. Its logo is Gandhiji's round spectacles with the words "Swachh Bharat". B is wrong because 14 November is Children's Day, Jawaharlal Nehru's birthday, and 2015 is also the wrong year. C is wrong because 14 November 2014 was Children's Day, not the launch date. D is wrong because by 2 October 2015 the mission had already completed its first year. Exam tip: Swachh Bharat = 2 October 2014, target ODF India by 2 October 2019, logo = Gandhiji's spectacles; the Swachh Survekshan ranks cities on cleanliness.

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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
Show answer
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.