The 'Economic Survey' is tabled in Parliament before the: MCQ with Answer and Explanation

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The 'Economic Survey' is tabled in Parliament before the:

A. Monsoon Session

B. Union Budget

C. Winter Session

D. Railway Budget

Answer: Option B

Solution (By JKSSB Mock Tests)

The Economic Survey is tabled just before the Union Budget.

This question belongs to: Economy GK Economy Set 1

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Practice More Economy Set 1 Questions

Question #1

The 'NABARD' was established on the recommendation of which committee?

A. Rangarajan Committee

B. Gadgil Committee

C. Narasimham Committee

D. Sivaraman Committee

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Correct Answer: Option D

Explanation:
NABARD was established on the recommendation of the Sivaraman Committee.

This question belongs to: Economy GK Economy Set 1

Question #2

Quasi-rent is associated with:

A. money supply

B. labour only

C. land in the long run

D. fixed factors in the short run

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Correct Answer: Option D

Explanation:
Quasi-rent is the short-run return to a fixed factor of production.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'asymmetric corridor' in Indian monetary policy refers to:

A. repo and reverse repo being equidistant from the policy rate

B. fixed exchange rate bands

C. dual GST rates

D. different widths of the corridor at different times or instruments

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Correct Answer: Option D

Explanation:
The asymmetric corridor refers to variations in the distance between policy rate, MSF and reverse repo rates.

This question belongs to: Economy GK Economy Set 1

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