The 'Economic Survey' in India is published by: MCQ with Answer and Explanation

The 'Economic Survey' in India is published by:
A. RBI
B. NITI Aayog
C. Ministry of Finance
D. NSO
Answer: Option C
Solution (By JKSSB Mock Tests)
Economic Survey is published by the Ministry of Finance.

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Practice More Economy Set 1 Questions

Question #1
The 'Union Budget' is presented in Parliament by the:
A. Prime Minister
B. Finance Secretary
C. President
D. Finance Minister

Correct Answer: Option D


Explanation:
The Union Budget is presented by the Finance Minister.

This question belongs to: Economy GK Economy Set 1
Question #2
In the theory of international trade, the Heckscher-Ohlin theorem states that a country will export goods that:
A. Have the highest absolute advantage
B. Use its abundant factors intensively
C. Require the most labour regardless of endowment
D. Use its scarce factors intensively

Correct Answer: Option B


Explanation:
According to the Heckscher-Ohlin theorem, a country exports goods that intensively use its relatively abundant factors of production and imports goods that intensively use its scarce factors.

This question belongs to: Economy GK Economy Set 1
Question #3
Which of the following is NOT a determinant of aggregate demand?
A. Consumption expenditure
B. Government expenditure
C. Technology level
D. Investment expenditure

Correct Answer: Option C


Explanation:
Technology primarily affects aggregate supply. Aggregate demand is determined by consumption, investment, government spending and net exports.

This question belongs to: Economy GK Economy Set 1