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

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

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Practice More Economy Set 1 Questions

Question #1
The 'child sex ratio' in the Indian census is defined as the number of girls per how many boys in the age group 0-6?
A. 100
B. 1,000
C. 100,000
D. 10,000

Correct Answer: Option B


Explanation:
Child sex ratio is expressed as girls per 1,000 boys in the 0-6 age group.

This question belongs to: Economy GK Economy Set 1
Question #2
The 'Goods and Services Tax' on dance and music performances is:
A. 18%
B. 5%
C. 12%
D. 0%

Correct Answer: Option A


Explanation:
Dance and music performances generally attract 18% GST, with some exemptions.

This question belongs to: Economy GK Economy Set 1
Question #3
Under monopoly, price in equilibrium is typically:
A. equal to marginal cost
B. less than marginal cost
C. zero
D. greater than marginal cost

Correct Answer: Option D


Explanation:
A monopolist charges a price greater than marginal cost and earns supernormal profit.

This question belongs to: Economy GK Economy Set 1