Tenancy reforms in India primarily aim to: MCQ with Answer and Explanation

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Tenancy reforms in India primarily aim to:

A. provide security of tenure and fair rent to tenants

B. abolish all tenancy

C. increase rent burden on tenants

D. increase landowner rights only

Answer: Option A

Solution (By JKSSB Mock Tests)

Tenancy reforms aim to provide security of tenure and fair rents to tenants.

This question belongs to: Economy GK Economy Set 1

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Question #1

The 'National Pension System' in India is regulated by:

A. PFRDA

B. RBI

C. SEBI

D. IRDAI

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Correct Answer: Option A

Explanation:
The National Pension System is regulated by the Pension Fund Regulatory and Development Authority.

This question belongs to: Economy GK Economy Set 1

Question #2

The 'Incoterms' in international trade are published by:

A. WTO

B. World Bank

C. IMF

D. International Chamber of Commerce

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Correct Answer: Option D

Explanation:
Incoterms are published by the International Chamber of Commerce.

This question belongs to: Economy GK Economy Set 1

Question #3

Which of the following is a characteristic of the 'Mundell-Tobin Effect'?

A. Inflation always raises the real interest rate

B. Only monetary neutrality holds

C. Inflation has no effect on capital accumulation

D. Higher inflation can reduce the real interest rate and raise capital accumulation in some portfolio-balance models

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Correct Answer: Option D

Explanation:
The Mundell-Tobin effect suggests that an increase in expected inflation may lower the real return on money, inducing a portfolio shift toward real capital and thereby raising steady-state capital intensity.

This question belongs to: Economy GK Economy Set 1

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