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

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The 'Brown Revolution' is associated with:

A. leather and cocoa

B. coffee and cocoa production

C. fertilizer production

D. food processing

Answer: Option B

Solution (By JKSSB Mock Tests)

Brown Revolution is associated with coffee and cocoa production.

This question belongs to: Economy GK Economy Set 1

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Question #1

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The 'SAARC Preferential Trading Arrangement' became operational in which year?

A. 1990

B. 2000

C. 2005

D. 1995

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Correct Answer: Option D

Explanation:
SAPTA became operational in 1995.

This question belongs to: Economy GK Economy Set 1

Question #2

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In accounting terms, the overall Balance of Payments always balances because:

A. current account equals capital account

B. exports always equal imports

C. exchange rates are fixed

D. it follows double-entry bookkeeping and official reserves adjust

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Correct Answer: Option D

Explanation:
The Balance of Payments always balances in accounting terms due to double-entry bookkeeping and reserve movements.

This question belongs to: Economy GK Economy Set 1

Question #3

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Hyperinflation is characterized by:

A. stable prices

B. falling prices

C. extremely rapid and out-of-control rise in prices

D. slow price rise

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Correct Answer: Option C

Explanation:
Hyperinflation is extremely rapid and uncontrollable price inflation.

This question belongs to: Economy GK Economy Set 1

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