The 'Dutch disease' term was coined after the discovery of natural gas in: MCQ with Answer and Explanation

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The 'Dutch disease' term was coined after the discovery of natural gas in:

A. Norway

B. Netherlands

C. Australia

D. United Kingdom

Answer: Option B

Solution (By JKSSB Mock Tests)

Dutch disease was named after the effects of natural gas discoveries in the Netherlands.

This question belongs to: Economy GK Economy Set 1

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Question #1

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The 'Employees' State Insurance Corporation' provides medical benefit to insured workers from:

A. day one of insurable employment for certain benefits

B. first day of employment

C. after retirement

D. after one year

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Correct Answer: Option A

Explanation:
ESIC medical benefit is available from day one of insurable employment.

This question belongs to: Economy GK Economy Set 1

Question #2

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The 'G-7' group includes which of the following countries?

A. United States, United Kingdom, Germany, France, Italy, Japan, Canada

B. Australia, South Korea, South Africa

C. Russia, China, India, Brazil

D. India, China, Brazil

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Correct Answer: Option A

Explanation:
The G7 comprises the US, UK, Germany, France, Italy, Japan and Canada.

This question belongs to: Economy GK Economy Set 1

Question #3

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The 'SAARC' grouping includes how many member countries?

A. 8

B. 6

C. 12

D. 10

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Correct Answer: Option A

Explanation:
SAARC has 8 member countries.

This question belongs to: Economy GK Economy Set 1

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