The 'Dunkel Draft' was associated with: MCQ with Answer and Explanation

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The 'Dunkel Draft' was associated with:

A. climate change

B. IMF reforms

C. GATT/WTO negotiations

D. human rights

Answer: Option C

Solution (By JKSSB Mock Tests)

The Dunkel Draft was a proposal by Arthur Dunkel that formed the basis of the Uruguay Round agreement.

This question belongs to: Economy GK Economy Set 1

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Practice More Economy Set 1 Questions

Question #1

The 'Goods and Services Tax' rate on air travel in economy class is:

A. 18%

B. 28%

C. 12%

D. 5%

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Correct Answer: Option D

Explanation:
Economy class air travel attracts 5% GST.

This question belongs to: Economy GK Economy Set 1

Question #2

In the context of banking, SLR stands for:

A. Statutory Liquidity Ratio

B. Standard Liquidity Ratio

C. Statutory Lending Ratio

D. Scheduled Liquidity Ratio

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Correct Answer: Option A

Explanation:
Statutory Liquidity Ratio is the percentage of deposits that commercial banks are required to maintain in the form of liquid assets such as cash, gold or approved securities.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'Wholesale Price Index' in India is released by:

A. NSO

B. Office of Economic Adviser, Ministry of Commerce and Industry

C. RBI

D. Labour Bureau

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Correct Answer: Option B

Explanation:
WPI is released by the Office of Economic Adviser.

This question belongs to: Economy GK Economy Set 1

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