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

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The 'Bank for International Settlements' is headquartered in:

A. London

B. Zurich

C. Basel

D. Geneva

Answer: Option C

Solution (By JKSSB Mock Tests)

The Bank for International Settlements is headquartered in Basel, Switzerland.

This question belongs to: Economy GK Economy Set 1

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Practice More Economy Set 1 Questions

Question #1

A cartel is an example of:

A. collusive oligopoly

B. perfect competition

C. non-collusive oligopoly

D. monopolistic competition

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Correct Answer: Option A

Explanation:
A cartel is a formal collusive arrangement among oligopolistic firms to fix prices and output.

This question belongs to: Economy GK Economy Set 1

Question #2

The 'Forest Conservation Act' was enacted in which year?

A. 2002

B. 1986

C. 1972

D. 1980

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Correct Answer: Option D

Explanation:
The Forest Conservation Act was enacted in 1980.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'Goods and Services Tax' on ice cream is:

A. 12%

B. 28%

C. 18%

D. 5%

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Correct Answer: Option C

Explanation:
Ice cream attracts 18% GST.

This question belongs to: Economy GK Economy Set 1

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