The 'Food Processing Industries' in India are classified as which sector? MCQ with Answer and Explanation

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The 'Food Processing Industries' in India are classified as which sector?

A. Secondary

B. Tertiary

C. Quaternary

D. Primary

Answer: Option A

Solution (By JKSSB Mock Tests)

Food processing is a secondary sector manufacturing activity.

This question belongs to: Economy GK Economy Set 1

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Question #1

The 'adaptive expectations' hypothesis assumes people form expectations based on:

A. random guesses

B. rational models only

C. past values of the variable

D. future policy announcements only

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Correct Answer: Option C

Explanation:
Adaptive expectations are formed based on past observations.

This question belongs to: Economy GK Economy Set 1

Question #2

The 'Millennium Development Goals' were replaced by which framework?

A. Kyoto Protocol

B. Paris Agreement

C. Sustainable Development Goals

D. Sendai Framework

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Correct Answer: Option C

Explanation:
The SDGs replaced the Millennium Development Goals in 2016.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'countervailing duty' is imposed to countervail:

A. high tariffs

B. currency depreciation

C. foreign export subsidies

D. dumping

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Correct Answer: Option C

Explanation:
Countervailing duties offset foreign subsidies on exports.

This question belongs to: Economy GK Economy Set 1

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