The 'dependency ratio' in demography is defined as: MCQ with Answer and Explanation

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The 'dependency ratio' in demography is defined as:

A. elderly population divided by children

B. working-age population divided by dependent population

C. rural population divided by urban population

D. dependent population divided by working-age population

Answer: Option D

Solution (By JKSSB Mock Tests)

Dependency ratio = dependent population / working-age population.

This question belongs to: Economy GK Economy Set 1

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Question #1

The 'Global Gender Gap Report' is published by:

A. UNDP

B. World Economic Forum

C. UN Women

D. World Bank

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Correct Answer: Option B

Explanation:
The Global Gender Gap Report is published by the World Economic Forum.

This question belongs to: Economy GK Economy Set 1

Question #2

The first Narasimham Committee of 1991 was appointed to recommend reforms in:

A. the financial system and banking sector

B. indirect taxes

C. capital markets only

D. agricultural pricing

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Correct Answer: Option A

Explanation:
The Narasimham Committee was appointed to recommend financial system and banking sector reforms.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'Union Budget' in India is presented in Parliament on:

A. 1 April every year

B. 31 March every year

C. 1 March every year

D. 1 February every year

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Correct Answer: Option D

Explanation:
Since 2017, the Union Budget is presented on 1 February.

This question belongs to: Economy GK Economy Set 1

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