The 'Amul brand' is owned by: MCQ with Answer and Explanation

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The 'Amul brand' is owned by:

A. Mother Dairy

B. NDDB

C. Gujarat Cooperative Milk Marketing Federation

D. Nestle

Answer: Option C

Solution (By JKSSB Mock Tests)

Amul is owned by the Gujarat Cooperative Milk Marketing Federation.

This question belongs to: Economy GK Economy Set 1

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Question #1

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Which of the following is NOT a characteristic of developing countries?

A. High rate of capital formation

B. High population growth rate

C. Dependence on primary sector

D. Low per capita income

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Correct Answer: Option A

Explanation:
Developing countries typically have low rates of capital formation. High capital formation is a feature of developed economies.

This question belongs to: Economy GK Economy Set 1

Question #2

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The 'replacement level fertility' is generally considered to be about how many children per woman?

A. 4.0

B. 1.0

C. 2.1

D. 3.0

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Correct Answer: Option C

Explanation:
Replacement level fertility is about 2.1 children per woman.

This question belongs to: Economy GK Economy Set 1

Question #3

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In the context of cost analysis, fixed costs in the short run:

A. Vary with the level of output

B. Are always greater than variable costs

C. Remain constant irrespective of the level of output

D. Are zero at zero output

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Correct Answer: Option C

Explanation:
Fixed costs do not change with the level of output in the short run; they must be incurred even if output is zero.

This question belongs to: Economy GK Economy Set 1

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