In the context of the Indian economy, the demographic dividend can be harnessed through: MCQ with Answer and Explanation

In the context of the Indian economy, the demographic dividend can be harnessed through:
A. Investing in education, skill development and job creation for the working-age population
B. Raising the fertility rate continuously
C. Reducing the labour force participation rate
D. Increasing the dependency ratio
Answer: Option A
Solution (By JKSSB Mock Tests)
To realise the demographic dividend, a country must invest in human capital and create productive employment opportunities for its large working-age population.

Discuss this Question (0)

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

Practice More Economy Set 1 Questions

Question #1
The 'Purchasing Managers' Index' for India is compiled by:
A. S&P Global and other agencies
B. NSO
C. RBI
D. SEBI

Correct Answer: Option A


Explanation:
India's PMI is compiled by S&P Global and other agencies.

This question belongs to: Economy GK Economy Set 1
Question #2
In the context of inflation measurement in India, CPI stands for:
A. Central Price Indicator
B. Commodity Price Index
C. Consumer Price Index
D. Cost of Production Index

Correct Answer: Option C


Explanation:
CPI is the Consumer Price Index, which measures changes in the price level of a basket of consumer goods and services. It is the primary measure targeted by RBI for inflation.

This question belongs to: Economy GK Economy Set 1
Question #3
The term 'Repo Rate' refers to the rate at which:
A. Commercial banks lend to RBI
B. Government borrows from RBI
C. RBI lends to commercial banks against securities
D. RBI borrows from commercial banks

Correct Answer: Option C


Explanation:
Repo rate is the rate at which the Reserve Bank of India lends money to commercial banks against government securities for short-term needs.

This question belongs to: Economy GK Economy Set 1