The 'balanced growth theory' emphasizes simultaneous investment in: MCQ with Answer and Explanation

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The 'balanced growth theory' emphasizes simultaneous investment in:

A. agriculture only

B. multiple sectors to create demand

C. one sector only

D. banking only

Answer: Option B

Solution (By JKSSB Mock Tests)

Balanced growth advocates simultaneous investment in mutually supporting sectors.

This question belongs to: Economy GK Economy Set 1

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The 'debit card' enables a customer to:

A. take insurance

B. buy stocks

C. borrow money for purchases

D. spend money directly from their bank account

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Correct Answer: Option D

Explanation:
A debit card allows direct spending from a customer's bank account.

This question belongs to: Economy GK Economy Set 1

Question #2

The Human Development Index is published by:

A. UNDP

B. IMF

C. World Bank

D. WTO

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Correct Answer: Option A

Explanation:
The Human Development Index is published by the United Nations Development Programme.

This question belongs to: Economy GK Economy Set 1

Question #3

The Sensex is a stock market index of the:

A. India International Exchange

B. Bombay Stock Exchange

C. Multi Commodity Exchange

D. National Stock Exchange

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Correct Answer: Option B

Explanation:
The Sensex is the benchmark index of the Bombay Stock Exchange (BSE).

This question belongs to: Economy GK Economy Set 1

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