The 'BIMSTEC' grouping includes how many member countries? MCQ with Answer and Explanation

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The 'BIMSTEC' grouping includes how many member countries?

A. 5

B. 7

C. 8

D. 10

Answer: Option B

Solution (By JKSSB Mock Tests)

BIMSTEC has 7 member countries.

This question belongs to: Economy GK Economy Set 1

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Question #1

Which of the following is a stock variable?

A. Government expenditure

B. National income

C. Capital stock

D. Investment expenditure

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Correct Answer: Option C

Explanation:
Capital stock is measured at a point of time and is therefore a stock variable.

This question belongs to: Economy GK Economy Set 1

Question #2

The 'Pradhan Mantri Jan Dhan Yojana' accounts were opened primarily to:

A. promote savings and financial inclusion

B. promote stock trading

C. provide loans to large companies

D. collect taxes

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Correct Answer: Option A

Explanation:
PMJDY aims at financial inclusion through zero-balance savings accounts.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'Clean Note Policy' of RBI aims to:

A. ensure good quality currency notes in circulation

B. ban all old notes

C. print more currency

D. reduce currency in circulation

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Correct Answer: Option A

Explanation:
Clean Note Policy aims to keep currency notes in good quality.

This question belongs to: Economy GK Economy Set 1

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