The 'Global Gender Gap Report' is published by: MCQ with Answer and Explanation

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The 'Global Gender Gap Report' is published by:

A. World Economic Forum

B. UNDP

C. UN Women

D. World Bank

Answer: Option A

Solution (By JKSSB Mock Tests)

The Global Gender Gap Report is published by the World Economic Forum.

This question belongs to: Economy GK Economy Set 1

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Question #1

The concept of 'Digital Public Goods' refers to:

A. Only privately owned digital platforms

B. Only physical public goods

C. Only proprietary software

D. Open-source software, open data, open AI models and open standards that are freely available and contribute to sustainable development

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Correct Answer: Option D

Explanation:
Digital public goods are open-source software, open data, open AI systems, open standards and open content that adhere to privacy and other best practices and help attain the Sustainable Development Goals.

This question belongs to: Economy GK Economy Set 1

Question #2

The yield on a bond and its price have an inverse relationship. If market interest rates rise, the price of an existing bond:

A. rises

B. becomes zero

C. remains unchanged

D. falls

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Correct Answer: Option D

Explanation:
When market interest rates rise, existing bond prices fall because their fixed coupon becomes less attractive.

This question belongs to: Economy GK Economy Set 1

Question #3

Which of the following is a characteristic of the 'New Institutional Economics' approach?

A. It assumes zero transaction costs always

B. It focuses only on technological change

C. It emphasises the role of institutions, property rights and transaction costs in economic performance

D. It ignores institutions completely

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Correct Answer: Option C

Explanation:
New Institutional Economics, associated with Coase, North and Williamson, analyses how institutions, property-rights structures and transaction costs shape economic behaviour and long-run performance.

This question belongs to: Economy GK Economy Set 1

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