The 'Green Revolution' in India began in the mid: MCQ with Answer and Explanation

The 'Green Revolution' in India began in the mid:
A. 1980s
B. 1960s
C. 1990s
D. 1940s
Answer: Option B
Solution (By JKSSB Mock Tests)
The Green Revolution began in India in the mid-1960s.

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Practice More Economy Set 1 Questions

Question #1
The 'International Monetary Fund' and 'World Bank' are both headquartered in:
A. New York
B. Paris
C. Geneva
D. Washington D.C.

Correct Answer: Option D


Explanation:
Both the IMF and World Bank are headquartered in Washington D.C., USA.

This question belongs to: Economy GK Economy Set 1
Question #2
Which of the following is an example of a public good?
A. Cinema ticket
B. Private car
C. Restaurant meal
D. National defence

Correct Answer: Option D


Explanation:
Public goods are non-excludable and non-rivalrous. National defence is a classic example as one person's consumption does not reduce availability for others and people cannot be easily excluded from its benefits.

This question belongs to: Economy GK Economy Set 1
Question #3
Economic cost includes:
A. only accounting costs
B. both explicit and implicit costs
C. only explicit costs
D. only implicit costs

Correct Answer: Option B


Explanation:
Economic cost includes both explicit costs and implicit opportunity costs.

This question belongs to: Economy GK Economy Set 1