The concept of 'Housing as a Human Right' implies that: MCQ with Answer and Explanation

The concept of 'Housing as a Human Right' implies that:
A. Only the absence of any public housing policy
B. Only home ownership is a right
C. Housing is only a private market commodity without any rights dimension
D. Adequate housing is regarded as a fundamental entitlement that states have obligations to respect, protect and fulfil
Answer: Option D
Solution (By JKSSB Mock Tests)
The recognition of housing as a human right, grounded in international human-rights instruments, entails obligations on states to ensure progressive access to adequate, affordable and secure housing for all.

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Practice More Economy Set 1 Questions

Question #1
The 'errors and omissions' item in the balance of payments is used to:
A. show foreign exchange reserves
B. show imports
C. balance the statistical discrepancies
D. show exports

Correct Answer: Option C


Explanation:
Errors and omissions balance statistical discrepancies so the BoP accounts sum to zero.

This question belongs to: Economy GK Economy Set 1
Question #2
An indifference curve is convex to the origin because of:
A. increasing marginal rate of substitution
B. diminishing marginal rate of substitution
C. constant marginal utility
D. increasing returns to scale

Correct Answer: Option B


Explanation:
Convexity of indifference curves is due to diminishing marginal rate of substitution.

This question belongs to: Economy GK Economy Set 1
Question #3
SEBI was given statutory status in which year?
A. 1995
B. 2000
C. 1992
D. 1988

Correct Answer: Option C


Explanation:
SEBI was established in 1988 and given statutory status in 1992.

This question belongs to: Economy GK Economy Set 1