In the circular flow of income, injections include: MCQ with Answer and Explanation

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In the circular flow of income, injections include:

A. saving, taxes and imports

B. consumption and saving

C. wages and rent

D. investment, government expenditure and exports

Answer: Option D

Solution (By JKSSB Mock Tests)

Injections into the circular flow are investment, government expenditure and exports.

This question belongs to: Economy GK Economy Set 1

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Question #1

The 'National Commission for Women' is a:

A. constitutional body

B. statutory body

C. judicial body

D. private body

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Correct Answer: Option B

Explanation:
The National Commission for Women is a statutory body established in 1992.

This question belongs to: Economy GK Economy Set 1

Question #2

The 'Goods and Services Tax' on salon services is:

A. 12%

B. 28%

C. 5%

D. 18%

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Correct Answer: Option D

Explanation:
Salon services attract 18% GST.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'Coffee Board of India' promotes:

A. sugar exports

B. tea exports

C. coffee production and exports

D. spice exports

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Correct Answer: Option C

Explanation:
Coffee Board promotes coffee production and exports.

This question belongs to: Economy GK Economy Set 1

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