The 'Central Information Commission' is a: MCQ with Answer and Explanation

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The 'Central Information Commission' is a:

A. executive body

B. statutory body

C. constitutional body

D. private body

Answer: Option B

Solution (By JKSSB Mock Tests)

The Central Information Commission is a statutory body under RTI Act.

This question belongs to: Economy GK Economy Set 1

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Question #1

The 'Integrated Power Development Scheme' focuses on:

A. LPG distribution

B. rural roads

C. water supply

D. strengthening urban power distribution network

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Correct Answer: Option D

Explanation:
IPDS strengthens urban power distribution networks.

This question belongs to: Economy GK Economy Set 1

Question #2

The concept of 'Contestability' in digital markets refers to:

A. The complete impossibility of entry

B. Only the number of existing competitors

C. Only the size of the incumbent

D. The ease with which new entrants can challenge incumbent platforms despite the presence of network effects and data advantages

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Correct Answer: Option D

Explanation:
Contestability measures the extent to which potential competition can discipline incumbents; in digital markets it is often impaired by network effects, data advantages and switching costs.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'Spices Board of India' is headquartered in:

A. Kochi

B. Delhi

C. Chennai

D. Mumbai

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Correct Answer: Option A

Explanation:
The Spices Board of India is headquartered in Kochi.

This question belongs to: Economy GK Economy Set 1

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