The 'Belt and Road Initiative' is associated with which country? MCQ with Answer and Explanation

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The 'Belt and Road Initiative' is associated with which country?

A. Japan

B. India

C. China

D. United States

Answer: Option C

Solution (By JKSSB Mock Tests)

The Belt and Road Initiative is a Chinese infrastructure and trade connectivity project.

This question belongs to: Economy GK Economy Set 1

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Question #1

Which of the following is a feature of the 'Job Guarantee' proposal?

A. Only unemployment insurance without job offers

B. A public programme that offers employment at a living wage to anyone willing and able to work

C. Only training programmes without employment

D. Only private-sector job creation without public involvement

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Correct Answer: Option B

Explanation:
A job-guarantee programme commits the public sector to provide a job at a basic living wage to every person who wants one, thereby eliminating involuntary unemployment and establishing an effective wage floor.

This question belongs to: Economy GK Economy Set 1

Question #2

In the context of growth theory, 'Semi-Endogenous Growth' models feature:

A. No role for research and development

B. Long-run growth that is fully endogenous to policy

C. Long-run growth that depends on population growth but not on policy parameters that affect the R&D share

D. Only exogenous technological progress

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Correct Answer: Option C

Explanation:
Semi-endogenous growth models retain diminishing returns to knowledge in the R&D sector, so that long-run growth is proportional to population growth and is not affected by the share of resources devoted to R&D.

This question belongs to: Economy GK Economy Set 1

Question #3

Disinvestment refers to:

A. sale of government equity in public sector enterprises

B. purchase of private sector equity by the government

C. foreign investment in defence

D. borrowing from the IMF

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Correct Answer: Option A

Explanation:
Disinvestment is the sale of government equity in public sector enterprises.

This question belongs to: Economy GK Economy Set 1

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