The 'Human Development Index' includes indicators of: MCQ with Answer and Explanation

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The 'Human Development Index' includes indicators of:

A. only income

B. income, environment and defence

C. income, education and health

D. only education and health

Answer: Option C

Solution (By JKSSB Mock Tests)

HDI combines per capita income, education and life expectancy indicators.

This question belongs to: Economy GK Economy Set 1

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Question #1

The 'Marine Products Export Development Authority' promotes exports of:

A. spices

B. fish and marine products

C. coffee

D. tea

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Correct Answer: Option B

Explanation:
MPEDA promotes exports of fish and marine products.

This question belongs to: Economy GK Economy Set 1

Question #2

The term 'Disguised Unemployment' is commonly associated with:

A. Industrial sector

B. Service sector

C. Information technology sector

D. Agricultural sector

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Correct Answer: Option D

Explanation:
Disguised unemployment is prevalent in the agricultural sector of developing countries where more people are engaged in work than are actually required, with marginal productivity close to zero.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'TReDS' platform is meant for:

A. foreign exchange trading

B. trading government securities

C. financing of receivables of MSMEs

D. commodity futures

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Correct Answer: Option C

Explanation:
TReDS is an electronic platform for financing trade receivables of MSMEs from corporate buyers.

This question belongs to: Economy GK Economy Set 1

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