The 'Food and Agriculture Organization' headquarters is in: MCQ with Answer and Explanation

Question

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The 'Food and Agriculture Organization' headquarters is in:

A. Geneva

B. New York

C. Paris

D. Rome

Answer: Option D

Solution (By JKSSB Mock Tests)

FAO headquarters is in Rome.

This question belongs to: Economy GK Economy Set 1

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Question #1

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The 'Goods and Services Tax' on betting and gambling is:

A. 5%

B. 12%

C. 18%

D. 28%

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Correct Answer: Option D

Explanation:
Betting and gambling attract 28% GST.

This question belongs to: Economy GK Economy Set 1

Question #2

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The 'Pradhan Mantri Jan Dhan Yojana' accounts were opened primarily to:

A. provide loans to large companies

B. promote savings and financial inclusion

C. promote stock trading

D. collect taxes

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Correct Answer: Option B

Explanation:
PMJDY aims at financial inclusion through zero-balance savings accounts.

This question belongs to: Economy GK Economy Set 1

Question #3

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The marginal propensity to consume is the ratio of:

A. consumption to saving

B. change in consumption to change in income

C. total consumption to total income

D. change in saving to change in income

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Correct Answer: Option B

Explanation:
MPC is the ratio of change in consumption to change in income.

This question belongs to: Economy GK Economy Set 1

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