The 'demographic dividend' can be reaped when: MCQ with Answer and Explanation

The 'demographic dividend' can be reaped when:
A. working-age population is large and productive
B. dependency ratio is high
C. birth rate is high
D. elderly population is large
Answer: Option A
Solution (By JKSSB Mock Tests)
Demographic dividend arises from a large productive working-age population.

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Practice More Economy Set 1 Questions

Question #1
The 'Bharatmala Pariyojana' was announced in which year?
A. 2017
B. 2014
C. 2019
D. 2018

Correct Answer: Option A


Explanation:
Bharatmala Pariyojana was announced in 2017.

This question belongs to: Economy GK Economy Set 1
Question #2
Which of the following is NOT a type of deposit accepted by commercial banks?
A. Demand deposits
B. Equity deposits
C. Time deposits
D. Saving deposits

Correct Answer: Option B


Explanation:
Commercial banks accept demand deposits (current accounts), savings deposits and time (fixed) deposits. Equity deposits are not a standard category of bank deposits.

This question belongs to: Economy GK Economy Set 1
Question #3
The term 'Invisible Trade' in the balance of payments refers to:
A. Only capital transfers
B. Trade in goods only
C. Only foreign direct investment
D. Trade in services, income and transfers

Correct Answer: Option D


Explanation:
Invisible trade (or invisibles) includes trade in services (such as tourism, software, transportation), income (interest, dividends) and unilateral transfers.

This question belongs to: Economy GK Economy Set 1