Green GDP is an indicator that adjusts GDP for: MCQ with Answer and Explanation

Question

Share Report Error

Green GDP is an indicator that adjusts GDP for:

A. foreign debt

B. environmental degradation and natural resource depletion

C. population growth

D. inflation

Answer: Option B

Solution (By JKSSB Mock Tests)

Green GDP adjusts conventional GDP for environmental degradation and natural resource depletion.

This question belongs to: Economy GK Economy Set 1

Request complete Subject PDF

Discuss this Question (0)

No comments yet. Be the first to start the discussion!

Practice More Economy Set 1 Questions

Question #1

Share Report

Which of the following is the primary objective of the Fiscal Responsibility and Budget Management (FRBM) Act in India?

A. To eliminate all forms of taxation

B. To promote deficit financing through money creation

C. To ensure inter-generational equity and fiscal sustainability

D. To increase fiscal deficit indefinitely

View Answer & Solution Discuss

Get Complete Subject PDF for Economy GK

Correct Answer: Option C

Explanation:
The FRBM Act aims to ensure fiscal discipline, inter-generational equity in fiscal management and long-term macroeconomic stability by setting targets for deficit reduction.

This question belongs to: Economy GK Economy Set 1

Question #2

Share Report

The 'Special Drawing Rights' allocated by IMF are recorded in which part of a country's balance of payments?

A. Current account

B. Capital account or reserve assets

C. Invisibles

D. Visible trade

View Answer & Solution Discuss

Get Complete Subject PDF for Economy GK

Correct Answer: Option B

Explanation:
SDR allocations are recorded as reserve assets in the balance of payments.

This question belongs to: Economy GK Economy Set 1

Question #3

Share Report

The 'Census of India' is conducted every how many years?

A. 20

B. 10

C. 5

D. 15

View Answer & Solution Discuss

Get Complete Subject PDF for Economy GK

Correct Answer: Option B

Explanation:
The Census of India is conducted every 10 years.

This question belongs to: Economy GK Economy Set 1

Explore All Economy Set 1 MCQs