The 'Golden Revolution' in India is associated with: MCQ with Answer and Explanation

The 'Golden Revolution' in India is associated with:
A. gold production
B. wheat production
C. horticulture and honey production
D. milk production
Answer: Option C
Solution (By JKSSB Mock Tests)
The Golden Revolution is associated with horticulture and honey production.

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Practice More Economy Set 1 Questions

Question #1
Which of the following is a characteristic of the Indian tax structure post-GST?
A. Multiple cascading taxes on the same value addition
B. Origin-based taxation without input credit
C. Destination-based consumption tax with input tax credit
D. Only central taxes without state participation

Correct Answer: Option C


Explanation:
GST is a destination-based consumption tax that allows seamless input tax credit, thereby eliminating cascading and creating a unified market.

This question belongs to: Economy GK Economy Set 1
Question #2
An indifference curve is convex to the origin because of:
A. constant marginal utility
B. increasing marginal rate of substitution
C. increasing returns to scale
D. diminishing marginal rate of substitution

Correct Answer: Option D


Explanation:
Convexity of indifference curves is due to diminishing marginal rate of substitution.

This question belongs to: Economy GK Economy Set 1
Question #3
The 'Central Information Commission' is a:
A. private body
B. statutory body
C. executive body
D. constitutional body

Correct Answer: Option B


Explanation:
The Central Information Commission is a statutory body under RTI Act.

This question belongs to: Economy GK Economy Set 1