The 'Asian Infrastructure Investment Bank' headquarters is in: MCQ with Answer and Explanation

The 'Asian Infrastructure Investment Bank' headquarters is in:
A. Beijing
B. Manila
C. Singapore
D. Tokyo
Answer: Option A
Solution (By JKSSB Mock Tests)
AIIB headquarters is in Beijing.

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Practice More Economy Set 1 Questions

Question #1
Which of the following is NOT a objective of economic planning in India?
A. Modernisation
B. Maximisation of inequality
C. Economic growth
D. Self-reliance

Correct Answer: Option B


Explanation:
Economic planning in India aimed at growth, modernisation, self-reliance and social justice (reduction of inequality), not maximisation of inequality.

This question belongs to: Economy GK Economy Set 1
Question #2
Which of the following is NOT a component of the Index of Industrial Production (IIP) in India?
A. Agriculture
B. Electricity
C. Manufacturing
D. Mining

Correct Answer: Option A


Explanation:
The IIP covers mining, manufacturing and electricity sectors. Agriculture is measured separately through other indices and production estimates.

This question belongs to: Economy GK Economy Set 1
Question #3
Which of the following is a qualitative credit control measure?
A. Margin requirements
B. Cash Reserve Ratio
C. Statutory Liquidity Ratio
D. Bank Rate

Correct Answer: Option A


Explanation:
Margin requirements (prescribing the difference between loan amount and value of security) is a selective/qualitative credit control measure used by RBI.

This question belongs to: Economy GK Economy Set 1