The 'Forest Conservation Act' was enacted in which year? MCQ with Answer and Explanation

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The 'Forest Conservation Act' was enacted in which year?

A. 1980

B. 1972

C. 1986

D. 2002

Answer: Option A

Solution (By JKSSB Mock Tests)

The Forest Conservation Act was enacted in 1980.

This question belongs to: Economy GK Economy Set 1

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Question #1

Which of the following is a feature of a socialist economy?

A. Private ownership of means of production

B. Profit maximisation as the sole motive

C. Market determination of prices

D. Collective ownership of means of production

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Correct Answer: Option D

Explanation:
In a socialist economy, the means of production are owned collectively or by the state, and economic decisions are largely centralised.

This question belongs to: Economy GK Economy Set 1

Question #2

The 'High Yielding Variety Programme' was launched in:

A. 1980

B. 1956

C. 1972

D. 1966

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Correct Answer: Option D

Explanation:
The High Yielding Variety Programme was launched in 1966.

This question belongs to: Economy GK Economy Set 1

Question #3

Which of the following is a characteristic of a dualistic economy?

A. Absence of informal sector

B. Only agricultural activities

C. Uniform technology across sectors

D. Coexistence of modern and traditional sectors

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Correct Answer: Option D

Explanation:
Dualism refers to the coexistence of a modern, capital-intensive sector alongside a traditional, labour-intensive sector within the same economy.

This question belongs to: Economy GK Economy Set 1

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