The 'Brown Revolution' in India is associated with: MCQ with Answer and Explanation

The 'Brown Revolution' in India is associated with:
A. coffee and cocoa
B. leather
C. fertilizer
D. food processing
Answer: Option A
Solution (By JKSSB Mock Tests)
Brown Revolution is associated with coffee and cocoa production.

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Practice More Economy Set 1 Questions

Question #1
The 'Stand-Up India' scheme provides loans from Rs 10 lakh to:
A. Rs 5 crore
B. Rs 50 lakh
C. Rs 10 crore
D. Rs 1 crore

Correct Answer: Option D


Explanation:
Stand-Up India provides loans from Rs 10 lakh to Rs 1 crore.

This question belongs to: Economy GK Economy Set 1
Question #2
In the context of cost, the relationship between Average Cost (AC) and Marginal Cost (MC) is:
A. When MC > AC, AC is falling
B. When MC = AC, AC is minimum
C. When MC < AC, AC is rising
D. MC is always greater than AC

Correct Answer: Option B


Explanation:
When Marginal Cost equals Average Cost, Average Cost is at its minimum. If MC is below AC, AC falls; if MC is above AC, AC rises.

This question belongs to: Economy GK Economy Set 1
Question #3
Revenue deficit is calculated as:
A. revenue receipts minus revenue expenditure
B. fiscal deficit minus primary deficit
C. total expenditure minus total receipts
D. revenue expenditure minus revenue receipts

Correct Answer: Option D


Explanation:
Revenue deficit is revenue expenditure minus revenue receipts.

This question belongs to: Economy GK Economy Set 1