The 'Human Capital Index' is published by: MCQ with Answer and Explanation

Question
The 'Human Capital Index' is published by:
A. UNDP
B. World Bank
C. UNESCO
D. IMF
Answer: Option B
Solution (By JKSSB Mock Tests)
The Human Capital Index is published by the World Bank.
This question belongs to: Economy GK Economy Set 1
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Practice More Economy Set 1 Questions

Question #1
The Reserve Tranche Position in India's forex reserves refers to:
A. India's quota subscription to IMF paid in foreign currency that can be drawn without conditions
B. foreign currency assets held abroad
C. gold held by RBI
D. SDR holdings
Discuss
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Correct Answer: Option A

Explanation:
The Reserve Tranche Position is India's IMF quota subscription held in foreign currency.
This question belongs to: Economy GK Economy Set 1
Question #2
The concept of 'Automatic Stabilisers' in fiscal policy includes:
A. Discretionary changes in tax rates
B. Changes in bank rate
C. Open market operations
D. Progressive taxation and unemployment benefits
Discuss
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Correct Answer: Option D

Explanation:
Automatic stabilisers such as progressive income taxes and unemployment benefits automatically moderate economic fluctuations without requiring new policy decisions.
This question belongs to: Economy GK Economy Set 1
Question #3
A zero-primary deficit indicates that:
A. revenue deficit is zero
B. total expenditure equals revenue receipts
C. fiscal deficit equals interest payments
D. there is no fiscal deficit
Discuss
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Correct Answer: Option C

Explanation:
Primary deficit is fiscal deficit minus interest payments; zero primary deficit means fiscal deficit equals interest payments.
This question belongs to: Economy GK Economy Set 1
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