The 'consumer price index' for rural and urban areas separately is compiled by: MCQ with Answer and Explanation

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The 'consumer price index' for rural and urban areas separately is compiled by:

A. Ministry of Finance

B. RBI

C. Labour Bureau

D. National Statistical Office

Answer: Option D

Solution (By JKSSB Mock Tests)

CPI-Rural and CPI-Urban are compiled by the NSO.

This question belongs to: Economy GK Economy Set 1

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Question #1

Which of the following is a function of the Securities and Exchange Board of India?

A. Issuing currency notes

B. Collecting direct taxes

C. Formulating monetary policy

D. Regulating the securities market and protecting investor interests

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Correct Answer: Option D

Explanation:
SEBI is the regulator of the Indian securities market; its mandate includes protecting investors, promoting the development of the market and regulating market intermediaries.

This question belongs to: Economy GK Economy Set 1

Question #2

Which of the following is a feature of the '15-Minute City' concept?

A. A purely residential suburb without services

B. An urban planning model in which most daily needs can be met within a short walk or cycle from home

C. A city in which all travel requires long car journeys

D. Only a high-speed transport network without local amenities

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Correct Answer: Option B

Explanation:
The 15-minute city is an urban design principle that aims to ensure that residents can access work, shopping, education, healthcare and leisure within a 15-minute walk or bicycle ride from their homes.

This question belongs to: Economy GK Economy Set 1

Question #3

Certificate of deposit is issued by:

A. RBI only

B. banks and financial institutions

C. stock exchanges

D. mutual funds

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Correct Answer: Option B

Explanation:
Certificates of deposit are issued by banks and financial institutions.

This question belongs to: Economy GK Economy Set 1

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