The 'gender budgeting' in India refers to: MCQ with Answer and Explanation

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The 'gender budgeting' in India refers to:

A. tax on women

B. budget for defence

C. budget for women only

D. analysis of budget allocations from a gender perspective

Answer: Option D

Solution (By JKSSB Mock Tests)

Gender budgeting involves analyzing government budgets for their impact on women and girls.

This question belongs to: Economy GK Economy Set 1

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Question #1

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Which of the following bodies was responsible for approving five year plans in India before the establishment of NITI Aayog?

A. Parliament

B. Finance Ministry

C. National Development Council

D. Cabinet Committee on Economic Affairs

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Correct Answer: Option C

Explanation:
The National Development Council approved the Five Year Plans before NITI Aayog was formed.

This question belongs to: Economy GK Economy Set 1

Question #2

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The 'International Development Association' is a part of:

A. World Bank Group

B. United Nations

C. IMF

D. WTO

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Correct Answer: Option A

Explanation:
IDA is part of the World Bank Group.

This question belongs to: Economy GK Economy Set 1

Question #3

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The concept of 'Say's Law' states that:

A. Demand creates its own supply

B. Supply creates its own demand

C. Government intervention is necessary

D. Money is the most important factor

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Correct Answer: Option B

Explanation:
Say's Law of Markets, associated with classical economics, states that 'supply creates its own demand', implying that general overproduction is impossible.

This question belongs to: Economy GK Economy Set 1

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