National Population Policy 2000 aims to achieve replacement level fertility by: MCQ with Answer and Explanation

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National Population Policy 2000 aims to achieve replacement level fertility by:

A. 2045

B. 2015

C. 2020

D. 2010

Answer: Option D

Solution (By JKSSB Mock Tests)

The National Population Policy 2000 aimed to achieve replacement level fertility by 2010.

This question belongs to: Economy GK Economy Set 1

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Question #1

The 'systemically important financial institution' is one whose failure could:

A. reduce inflation

B. have no effect on the economy

C. benefit other banks

D. trigger a systemic crisis

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Correct Answer: Option D

Explanation:
A systemically important institution is too big or interconnected to fail without causing systemic risk.

This question belongs to: Economy GK Economy Set 1

Question #2

Which of the following is a characteristic of the 'Permanent Income Hypothesis' of consumption?

A. Consumption is independent of income

B. Only transitory income determines consumption

C. Consumption depends primarily on long-run average or permanent income

D. Consumption depends only on current income

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Correct Answer: Option C

Explanation:
According to Milton Friedman's permanent income hypothesis, individuals base their consumption on permanent (expected long-run) income rather than on current measured income.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'Bank for International Settlements' headquarters is in:

A. London

B. Zurich

C. Basel

D. Geneva

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Correct Answer: Option C

Explanation:
BIS headquarters is in Basel.

This question belongs to: Economy GK Economy Set 1

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