The 'Bank for International Settlements' headquarters is in: MCQ with Answer and Explanation

The 'Bank for International Settlements' headquarters is in:
A. Zurich
B. Geneva
C. Basel
D. London
Answer: Option C
Solution (By JKSSB Mock Tests)
BIS headquarters is in Basel.

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Practice More Economy Set 1 Questions

Question #1
The 'Bharat Interface for Money' is a mobile application for:
A. loan applications
B. UPI-based payments
C. tax payment
D. insurance

Correct Answer: Option B


Explanation:
BHIM is a UPI-based mobile payment app.

This question belongs to: Economy GK Economy Set 1
Question #2
The 'NABARD' was established on the recommendation of which committee?
A. Narasimham Committee
B. Rangarajan Committee
C. Gadgil Committee
D. Sivaraman Committee

Correct Answer: Option D


Explanation:
NABARD was established on the recommendation of the Sivaraman Committee.

This question belongs to: Economy GK Economy Set 1
Question #3
In the context of public debt, 'Internal Debt' refers to:
A. Only short-term external borrowings
B. Only IMF loans
C. Debt owed to domestic creditors
D. Debt owed to foreign creditors

Correct Answer: Option C


Explanation:
Internal debt is the portion of public debt that is owed to lenders within the country, such as market borrowings, treasury bills and other domestic liabilities.

This question belongs to: Economy GK Economy Set 1