The concept of 'Planetary Boundaries' identifies: MCQ with Answer and Explanation

The concept of 'Planetary Boundaries' identifies:
A. Only economic growth limits
B. Nine biophysical thresholds that, if crossed, could destabilise the Earth system
C. Only population limits
D. Only national environmental regulations
Answer: Option B
Solution (By JKSSB Mock Tests)
The planetary-boundaries framework, developed by Rockström and colleagues, defines a set of nine Earth-system processes and associated quantitative boundaries within which humanity can operate safely.

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Practice More Economy Set 1 Questions

Question #1
The 'Economic and Social Council' is one of the principal organs of:
A. WTO
B. IMF
C. United Nations
D. World Bank

Correct Answer: Option C


Explanation:
The Economic and Social Council is a principal organ of the United Nations.

This question belongs to: Economy GK Economy Set 1
Question #2
In the IS-LM framework, an increase in government expenditure shifts the:
A. IS curve to the right
B. LM curve to the left
C. LM curve to the right
D. IS curve to the left

Correct Answer: Option A


Explanation:
An increase in government spending raises aggregate demand, shifting the IS curve to the right, leading to higher income and interest rates in the short run.

This question belongs to: Economy GK Economy Set 1
Question #3
The 'Trade Receivables Discounting System' platform helps MSMEs by:
A. providing direct subsidies
B. providing land
C. insuring their factories
D. discounting their receivables from corporate buyers

Correct Answer: Option D


Explanation:
TReDS helps MSMEs obtain working capital by discounting their receivables.

This question belongs to: Economy GK Economy Set 1