The 'dependency ratio' is higher when: MCQ with Answer and Explanation

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The 'dependency ratio' is higher when:

A. working-age population is large

B. death rate is high

C. dependent population is large relative to working-age population

D. birth rate is low

Answer: Option C

Solution (By JKSSB Mock Tests)

Dependency ratio rises with a larger dependent population relative to working-age population.

This question belongs to: Economy GK Economy Set 1

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Question #1

The 'Union Budget' is presented under which article of the Constitution?

A. Article 265

B. Article 110

C. Article 280

D. Article 112

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Correct Answer: Option D

Explanation:
The Annual Financial Statement is presented under Article 112.

This question belongs to: Economy GK Economy Set 1

Question #2

The 'Bharatmala Pariyojana' was announced in which year?

A. 2014

B. 2017

C. 2019

D. 2018

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Correct Answer: Option B

Explanation:
Bharatmala Pariyojana was announced in 2017.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'Advance Tax' is payable in instalments by:

A. persons whose estimated tax liability exceeds Rs 10,000

B. only salaried individuals

C. only companies

D. all citizens

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Correct Answer: Option A

Explanation:
Advance tax is payable if estimated tax liability exceeds Rs 10,000 in a year.

This question belongs to: Economy GK Economy Set 1

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