The 'Environment Protection Act' was enacted in which year? MCQ with Answer and Explanation

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The 'Environment Protection Act' was enacted in which year?

A. 1997

B. 1991

C. 1980

D. 1986

Answer: Option D

Solution (By JKSSB Mock Tests)

The Environment Protection Act was enacted in 1986.

This question belongs to: Economy GK Economy Set 1

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Question #1

The 'deflation' refers to:

A. a rise in inflation

B. a sustained fall in the general price level

C. a fall in unemployment

D. a fall in the rate of inflation

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Correct Answer: Option B

Explanation:
Deflation is a sustained decline in the general price level.

This question belongs to: Economy GK Economy Set 1

Question #2

The term 'Repo Rate' refers to the rate at which:

A. Government borrows from RBI

B. Commercial banks lend to RBI

C. RBI borrows from commercial banks

D. RBI lends to commercial banks against securities

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Correct Answer: Option D

Explanation:
Repo rate is the rate at which the Reserve Bank of India lends money to commercial banks against government securities for short-term needs.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'Agriculture Marketing' in India is primarily regulated by:

A. NABARD

B. SEBI

C. State Agricultural Produce Marketing Committee Acts

D. RBI

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Correct Answer: Option C

Explanation:
Agricultural marketing is regulated by State APMC Acts.

This question belongs to: Economy GK Economy Set 1

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