The Doha Development Round of WTO negotiations primarily focused on: MCQ with Answer and Explanation

Question

Share Report Error

The Doha Development Round of WTO negotiations primarily focused on:

A. exchange rate management

B. military alliances

C. concerns of developing countries

D. intellectual property only

Answer: Option C

Solution (By JKSSB Mock Tests)

The Doha Round focused on development concerns of developing countries.

This question belongs to: Economy GK Economy Set 1

Request complete Subject PDF

Discuss this Question (0)

No comments yet. Be the first to start the discussion!

Practice More Economy Set 1 Questions

Question #1

Hyperinflation is characterized by:

A. extremely rapid and out-of-control rise in prices

B. slow price rise

C. falling prices

D. stable prices

View Answer & Solution Discuss

Get Complete Subject PDF for Economy GK

Correct Answer: Option A

Explanation:
Hyperinflation is extremely rapid and uncontrollable price inflation.

This question belongs to: Economy GK Economy Set 1

Question #2

In the context of the production possibility frontier, an outward shift indicates:

A. Economic growth arising from an increase in resources or improvement in technology

B. Underutilisation of resources

C. Inefficient allocation of resources

D. A decline in the productive capacity of the economy

View Answer & Solution Discuss

Get Complete Subject PDF for Economy GK

Correct Answer: Option A

Explanation:
An outward shift of the PPF reflects an increase in the economy's productive capacity due to growth in resources or technological progress.

This question belongs to: Economy GK Economy Set 1

Question #3

The concept of 'Intergenerational Equity' in fiscal policy emphasises:

A. Fair distribution of the burden of public debt between present and future generations

B. Only reducing taxes for the current generation

C. Only maximising current consumption

D. Only short-term stabilisation

View Answer & Solution Discuss

Get Complete Subject PDF for Economy GK

Correct Answer: Option A

Explanation:
Intergenerational equity requires that the burden of financing public expenditure and debt is distributed fairly across generations so that future generations are not unduly burdened.

This question belongs to: Economy GK Economy Set 1

Explore All Economy Set 1 MCQs