The 'IMF' publishes which report? MCQ with Answer and Explanation

The 'IMF' publishes which report?
A. World Development Report
B. World Economic Outlook
C. Human Development Report
D. Global Competitiveness Report
Answer: Option B
Solution (By JKSSB Mock Tests)
IMF publishes World Economic Outlook.

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Practice More Economy Set 1 Questions

Question #1
The concept of 'Purchasing Power Parity' is used to:
A. Compare the relative value of currencies based on a basket of goods
B. Calculate the fiscal deficit
C. Measure unemployment
D. Determine the interest rate only

Correct Answer: Option A


Explanation:
Purchasing Power Parity (PPP) is a theory and method that compares currencies by determining the amount needed to purchase the same basket of goods and services in different countries.

This question belongs to: Economy GK Economy Set 1
Question #2
The 'Economic and Social Council' is one of the principal organs of:
A. IMF
B. WTO
C. World Bank
D. United Nations

Correct Answer: Option D


Explanation:
The Economic and Social Council is a principal organ of the United Nations.

This question belongs to: Economy GK Economy Set 1
Question #3
In the context of market structures, 'Price Discrimination' is possible under:
A. Only in agricultural markets
B. Perfect competition
C. Both perfect competition and monopoly equally
D. Monopoly

Correct Answer: Option D


Explanation:
Price discrimination (charging different prices to different consumers for the same product) is typically possible under monopoly where the firm has market power and can segment markets.

This question belongs to: Economy GK Economy Set 1