The 'Census of India' is conducted every how many years? MCQ with Answer and Explanation

The 'Census of India' is conducted every how many years?
A. 15
B. 5
C. 10
D. 20
Answer: Option C
Solution (By JKSSB Mock Tests)
The Census of India is conducted every 10 years.

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Practice More Economy Set 1 Questions

Question #1
In the context of demand analysis, the Engel Curve shows the relationship between:
A. Price and quantity demanded
B. Price and supply
C. Cost and output
D. Income and quantity demanded

Correct Answer: Option D


Explanation:
The Engel Curve illustrates how the quantity demanded of a good changes as consumer income changes, holding prices constant.

This question belongs to: Economy GK Economy Set 1
Question #2
The term 'Reverse Repo Rate' is the rate at which:
A. RBI lends to banks
B. Banks borrow from the public
C. Banks lend to RBI
D. Government borrows from banks

Correct Answer: Option C


Explanation:
Reverse Repo Rate is the rate at which the RBI borrows money from commercial banks, absorbing excess liquidity from the system.

This question belongs to: Economy GK Economy Set 1
Question #3
The law of demand states that, other things being equal, as price of a good rises:
A. quantity demanded rises
B. demand rises
C. demand falls
D. quantity demanded falls

Correct Answer: Option D


Explanation:
The law of demand states an inverse relationship between price and quantity demanded.

This question belongs to: Economy GK Economy Set 1