The 'Census of India' 2011 was the how many-th census? MCQ with Answer and Explanation

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The 'Census of India' 2011 was the how many-th census?

A. 13th

B. 15th

C. 16th

D. 17th

Answer: Option B

Solution (By JKSSB Mock Tests)

Census 2011 was the 15th Census of India.

This question belongs to: Economy GK Economy Set 1

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Question #1

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In the context of national income, 'Personal Income' is equal to:

A. National income − Corporate taxes − Undistributed profits + Transfer payments

B. GDP − Depreciation

C. GNP − Net factor income from abroad

D. National income + Corporate taxes

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Correct Answer: Option A

Explanation:
Personal Income = National Income − Corporate taxes − Undistributed corporate profits − Social security contributions + Transfer payments + Interest on public debt (simplified form).

This question belongs to: Economy GK Economy Set 1

Question #2

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The 'Annual Survey of Industries' collects data on:

A. service sector only

B. agricultural output

C. registered manufacturing industries

D. foreign trade

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Correct Answer: Option C

Explanation:
Annual Survey of Industries covers registered manufacturing establishments.

This question belongs to: Economy GK Economy Set 1

Question #3

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The Most-Favoured-Nation principle under the WTO implies:

A. prohibition of all tariffs

B. favourable treatment to developed countries

C. special tariff concessions to neighbours

D. non-discriminatory treatment between trading partners

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Correct Answer: Option D

Explanation:
The MFN principle requires non-discriminatory treatment among WTO members.

This question belongs to: Economy GK Economy Set 1

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