The concept of 'Sustainable Finance' encompasses: MCQ with Answer and Explanation

The concept of 'Sustainable Finance' encompasses:
A. Only maximising short-term financial returns without regard to externalities
B. Only government budgetary finance
C. Only microfinance in rural areas
D. Financial activities that take environmental, social and governance (ESG) factors into account in investment decisions
Answer: Option D
Solution (By JKSSB Mock Tests)
Sustainable finance refers to the process of taking environmental, social and governance considerations into account when making investment decisions, with the aim of supporting long-term sustainable economic activities.

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Practice More Economy Set 1 Questions

Question #1
The term 'Base Money' or 'Reserve Money' consists of:
A. Currency in circulation plus bankers' deposits with RBI and other deposits
B. Only currency with the public
C. Only time deposits of banks
D. Only demand deposits

Correct Answer: Option A


Explanation:
Reserve money (monetary base) includes currency in circulation, bankers' deposits with the RBI and other deposits with the RBI.

This question belongs to: Economy GK Economy Set 1
Question #2
The 'Goods and Services Tax' rate on cinema tickets below Rs 100 is:
A. 12%
B. 28%
C. 18%
D. 5%

Correct Answer: Option A


Explanation:
Cinema tickets up to Rs 100 attract 12% GST.

This question belongs to: Economy GK Economy Set 1
Question #3
Which of the following is a feature of the 'Care Economy' agenda?
A. Only the privatisation of all care services
B. Recognition of the economic and social value of paid and unpaid care work and policies to support its provision and quality
C. Only the neglect of care work as non-economic
D. Only the reduction of public support for care

Correct Answer: Option B


Explanation:
The care-economy agenda highlights the central role of care work—both paid and unpaid—in sustaining societies and economies, and advocates policies that recognise, reduce and redistribute care responsibilities more equitably.

This question belongs to: Economy GK Economy Set 1