The 'demographic transition' refers to changes in: MCQ with Answer and Explanation

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The 'demographic transition' refers to changes in:

A. birth and death rates

B. income distribution

C. inflation

D. exchange rates

Answer: Option A

Solution (By JKSSB Mock Tests)

Demographic transition refers to shifts in birth and death rates as an economy develops.

This question belongs to: Economy GK Economy Set 1

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Question #1

The 'Goods and Services Tax' Council chairperson is:

A. RBI Governor

B. President

C. Union Finance Minister

D. Prime Minister

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Correct Answer: Option C

Explanation:
GST Council is chaired by the Union Finance Minister.

This question belongs to: Economy GK Economy Set 1

Question #2

The 'Paramparagat Krishi Vikas Yojana' promotes:

A. organic farming

B. GM crops

C. chemical farming

D. hydroponics only

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Correct Answer: Option A

Explanation:
PKVY promotes organic farming through cluster-based approach.

This question belongs to: Economy GK Economy Set 1

Question #3

Which of the following is NOT a component of the capital market?

A. Mutual funds

B. Insurance companies

C. Call money market

D. Stock exchanges

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Correct Answer: Option C

Explanation:
Call money market is a part of the money market (short-term). Capital market deals with long-term funds and includes stock exchanges, mutual funds and insurance companies.

This question belongs to: Economy GK Economy Set 1

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