The 'corruption perception index' is published by: MCQ with Answer and Explanation

Question
The 'corruption perception index' is published by:
A. World Bank
B. Transparency International
C. WEF
D. IMF
Answer: Option B
Solution (By JKSSB Mock Tests)
Transparency International publishes the Corruption Perceptions Index.
This question belongs to: Economy GK Economy Set 1
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Practice More Economy Set 1 Questions

Question #1
In the context of Indian economy, the term 'Demographic Dividend' can be realised if:
A. The dependent population increases rapidly
B. The old-age population dominates
C. The working-age population is productively employed and skilled
D. The fertility rate rises continuously
Discuss
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Correct Answer: Option C

Explanation:
Realising the demographic dividend requires that the large working-age population is educated, skilled and productively employed in the economy.
This question belongs to: Economy GK Economy Set 1
Question #2
Which of the following is a characteristic of the informal sector in developing economies?
A. Complete absence of employment
B. High capital intensity and formal contracts
C. High degree of regulation
D. Easy entry, small scale and labour intensity
Discuss
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Correct Answer: Option D

Explanation:
The informal sector is characterised by easy entry, small-scale operations, labour-intensive technology, lack of formal contracts and limited regulation.
This question belongs to: Economy GK Economy Set 1
Question #3
The 'Goods and Services Tax' on insurance services is:
A. 18%
B. 28%
C. 5%
D. 12%
Discuss
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Correct Answer: Option A

Explanation:
Insurance services attract 18% GST.
This question belongs to: Economy GK Economy Set 1
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