GK
INDIAN ECONOMY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which Bill was proposed to be passing to solve problems in infrastructure contracts, PPP and Public Utilities?
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Skill Development Programme
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Companies Amendment Bill
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Public Utility Resolution of Disputes Bill
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Goods & Services Tax
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Explanation:
Detailed explanation-1: -The Pradhan Mantri Fasal Bima Yojana (PMFBY) rolled out by the Government in 2016 was a paradigm shift from its earlier formats. It aimed at identifying the losses based on various factors beginning with the sowing stage up to a period of 10 days after the harvest, when the crop still lay on the field.
Detailed explanation-2: -Article 112 of the Constitution requires the government to present to Parliament a statement of estimated receipts and expenditure in respect of every financial year.
Detailed explanation-3: -The word budget is evolved from the french word “bougette” meaning a bag or wallet. The bag contained the papers setting out the nations revenue, expenditure and tax.
There is 1 question to complete.