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

The 'dependency ratio' is higher when:
A. death rate is high
B. dependent population is large relative to working-age population
C. working-age population is large
D. birth rate is low
Answer: Option B
Solution (By JKSSB Mock Tests)
Dependency ratio rises with a larger dependent population relative to working-age population.

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Practice More Economy Set 1 Questions

Question #1
The 'World Intellectual Property Organization' is based in:
A. Geneva
B. Paris
C. New York
D. Vienna

Correct Answer: Option A


Explanation:
WIPO is headquartered in Geneva.

This question belongs to: Economy GK Economy Set 1
Question #2
The 'Stand-Up India' scheme provides loans from Rs 10 lakh to:
A. Rs 5 crore
B. Rs 1 crore
C. Rs 10 crore
D. Rs 50 lakh

Correct Answer: Option B


Explanation:
Stand-Up India provides loans from Rs 10 lakh to Rs 1 crore.

This question belongs to: Economy GK Economy Set 1
Question #3
The 'Goods and Services Tax' on telecommunication towers is:
A. 12%
B. 5%
C. 18%
D. 28%

Correct Answer: Option C


Explanation:
Telecommunication tower services attract 18% GST.

This question belongs to: Economy GK Economy Set 1