The 'Ease of Doing Business Report' was published by: MCQ with Answer and Explanation

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The 'Ease of Doing Business Report' was published by:

A. World Bank

B. UNCTAD

C. WTO

D. IMF

Answer: Option A

Solution (By JKSSB Mock Tests)

The Ease of Doing Business Report was published by the World Bank.

This question belongs to: Economy GK Economy Set 1

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Question #1

The term 'Special Drawing Rights' (SDRs) is associated with:

A. International Monetary Fund

B. Asian Development Bank

C. World Trade Organisation

D. World Bank

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Correct Answer: Option A

Explanation:
Special Drawing Rights are an international reserve asset created by the International Monetary Fund to supplement member countries' official reserves.

This question belongs to: Economy GK Economy Set 1

Question #2

Which of the following is a major challenge in the measurement of national income in developing countries?

A. Presence of a large non-monetised sector

B. Complete availability of data for all sectors

C. Absence of the informal sector

D. Uniform accounting practices across all countries

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Correct Answer: Option A

Explanation:
Developing countries face difficulties in measuring national income due to a large non-monetised (barter) sector, informal activities, lack of reliable data and underreporting.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'Goods and Services Tax' Council has how many members?

A. 20

B. 33

C. 100

D. 50

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Correct Answer: Option B

Explanation:
GST Council has 33 members, including the Chairperson.

This question belongs to: Economy GK Economy Set 1

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