Primary deficit is equal to fiscal deficit minus: MCQ with Answer and Explanation

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Primary deficit is equal to fiscal deficit minus:

A. capital expenditure

B. tax revenue

C. interest payments

D. subsidies

Answer: Option C

Solution (By JKSSB Mock Tests)

Primary deficit = fiscal deficit - interest payments.

This question belongs to: Economy GK Economy Set 1

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The 'National Action Plan on Climate Change' was released in:

A. 2010

B. 2008

C. 2015

D. 2005

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Correct Answer: Option B

Explanation:
The National Action Plan on Climate Change was released in 2008.

This question belongs to: Economy GK Economy Set 1

Question #2

The 'Employees' Provident Fund Organisation' operates under which ministry?

A. Ministry of Labour and Employment

B. Ministry of Corporate Affairs

C. Ministry of Finance

D. Ministry of Social Justice

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Correct Answer: Option A

Explanation:
EPFO operates under the Ministry of Labour and Employment.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'International Monetary Fund' has how many member countries?

A. 164

B. 150

C. 193

D. 190

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Correct Answer: Option D

Explanation:
The IMF has 190 member countries.

This question belongs to: Economy GK Economy Set 1

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