The concept of 'Pre-distribution' in policy debates refers to: MCQ with Answer and Explanation

The concept of 'Pre-distribution' in policy debates refers to:
A. Policies that shape the distribution of market incomes before taxes and transfers, such as education, minimum wages and competition policy
B. Only post-tax outcomes
C. Only monetary policy
D. Only redistribution through taxes and transfers
Answer: Option A
Solution (By JKSSB Mock Tests)
Pre-distribution emphasises interventions that affect the underlying distribution of market incomes—through skills, bargaining power, market structure and institutions—rather than relying solely on subsequent fiscal redistribution.

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Practice More Economy Set 1 Questions

Question #1
Disinvestment in a public sector enterprise is classified in the government budget as:
A. revenue receipt
B. transfer payment
C. capital receipt
D. revenue expenditure

Correct Answer: Option C


Explanation:
Disinvestment proceeds are capital receipts as they arise from sale of assets.

This question belongs to: Economy GK Economy Set 1
Question #2
The Reserve Bank of India was nationalized in the year:
A. 1935
B. 1955
C. 1949
D. 1947

Correct Answer: Option C


Explanation:
The RBI was nationalized in 1949.

This question belongs to: Economy GK Economy Set 1
Question #3
The 'industrial relations code' was passed in which year?
A. 2019
B. 2022
C. 2021
D. 2020

Correct Answer: Option D


Explanation:
The Industrial Relations Code was passed in 2020.

This question belongs to: Economy GK Economy Set 1