The 'Economic and Social Council' is one of the principal organs of: MCQ with Answer and Explanation

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The 'Economic and Social Council' is one of the principal organs of:

A. WTO

B. IMF

C. World Bank

D. United Nations

Answer: Option D

Solution (By JKSSB Mock Tests)

The Economic and Social Council is a principal organ of the United Nations.

This question belongs to: Economy GK Economy Set 1

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Practice More Economy Set 1 Questions

Question #1

The 'Annual Financial Statement' shows:

A. estimated receipts and expenditure of the government for a financial year

B. only foreign debt

C. only plan expenditure

D. only tax revenues

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Correct Answer: Option A

Explanation:
Annual Financial Statement shows estimated receipts and expenditure.

This question belongs to: Economy GK Economy Set 1

Question #2

The 'New Economic Policy 1991' devalued the rupee by about how much in two stages?

A. 5%

B. 30%

C. 50%

D. 18%

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Correct Answer: Option D

Explanation:
In July 1991, the rupee was devalued by about 18% in two steps.

This question belongs to: Economy GK Economy Set 1

Question #3

Which of the following is an example of a public good?

A. Cinema ticket

B. Restaurant meal

C. National defence

D. Private car

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Correct Answer: Option C

Explanation:
Public goods are non-excludable and non-rivalrous. National defence is a classic example as one person's consumption does not reduce availability for others and people cannot be easily excluded from its benefits.

This question belongs to: Economy GK Economy Set 1

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