Certificate of deposit is issued by: MCQ with Answer and Explanation

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Certificate of deposit is issued by:

A. banks and financial institutions

B. stock exchanges

C. RBI only

D. mutual funds

Answer: Option A

Solution (By JKSSB Mock Tests)

Certificates of deposit are issued by banks and financial institutions.

This question belongs to: Economy GK Economy Set 1

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Practice More Economy Set 1 Questions

Question #1

Which of the following is NOT a component of the Human Development Index?

A. Per capita income

B. Education

C. Gender equality

D. Life expectancy at birth

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Correct Answer: Option C

Explanation:
HDI has three dimensions: health (life expectancy), education (mean and expected years of schooling) and standard of living (GNI per capita). Gender equality is measured by separate indices like GII.

This question belongs to: Economy GK Economy Set 1

Question #2

The 'labour force' is defined as:

A. employed only

B. employed plus unemployed

C. total population

D. working-age population only

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Correct Answer: Option B

Explanation:
Labour force = employed + unemployed.

This question belongs to: Economy GK Economy Set 1

Question #3

Which of the following is an example of a negative externality?

A. Pollution from industrial activity

B. Research and development

C. Vaccination

D. Education

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Correct Answer: Option A

Explanation:
A negative externality imposes costs on third parties. Industrial pollution harms the environment and health of people who are not parties to the production decision.

This question belongs to: Economy GK Economy Set 1

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