The 'Blue Revolution' in India is associated with which commodity? MCQ with Answer and Explanation

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The 'Blue Revolution' in India is associated with which commodity?

A. Fish

B. Milk

C. Oilseeds

D. Pulses

Answer: Option A

Solution (By JKSSB Mock Tests)

The Blue Revolution is associated with fisheries development.

This question belongs to: Economy GK Economy Set 1

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Question #1

The 'World Economic Outlook' is published by:

A. World Bank

B. OECD

C. UNCTAD

D. IMF

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Correct Answer: Option D

Explanation:
The World Economic Outlook is published by the IMF.

This question belongs to: Economy GK Economy Set 1

Question #2

The 'circular flow of income' in a three-sector economy includes:

A. firms and government only

B. government and foreign sector only

C. households, firms and foreign sector

D. households, firms and government

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Correct Answer: Option D

Explanation:
A three-sector economy includes households, firms and government.

This question belongs to: Economy GK Economy Set 1

Question #3

Which of the following is a characteristic of a dualistic economy?

A. Coexistence of modern and traditional sectors

B. Uniform technology across sectors

C. Only agricultural activities

D. Absence of informal sector

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Correct Answer: Option A

Explanation:
Dualism refers to the coexistence of a modern, capital-intensive sector alongside a traditional, labour-intensive sector within the same economy.

This question belongs to: Economy GK Economy Set 1

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