The 'Index of Industrial Production' is released by: MCQ with Answer and Explanation

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The 'Index of Industrial Production' is released by:

A. Ministry of Finance

B. Ministry of Statistics and Programme Implementation

C. RBI

D. NITI Aayog

Answer: Option B

Solution (By JKSSB Mock Tests)

IIP is released by the Ministry of Statistics and Programme Implementation.

This question belongs to: Economy GK Economy Set 1

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Practice More Economy Set 1 Questions

Question #1

Which of the following is NOT a measure of economic inequality?

A. Human Development Index as a pure inequality measure

B. Lorenz curve

C. Gini coefficient

D. Theil index

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Correct Answer: Option A

Explanation:
HDI is a composite measure of development (health, education, income). Gini coefficient, Lorenz curve and Theil index are specific measures of inequality.

This question belongs to: Economy GK Economy Set 1

Question #2

The total expenditure of the government is divided into:

A. direct and indirect expenditure

B. mandatory and voluntary expenditure

C. plan and non-plan expenditure only

D. revenue expenditure and capital expenditure

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Correct Answer: Option D

Explanation:
Total government expenditure is classified into revenue expenditure and capital expenditure.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'World Development Report' is published by:

A. World Bank

B. IMF

C. WTO

D. UNCTAD

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Correct Answer: Option A

Explanation:
The World Development Report is published by the World Bank.

This question belongs to: Economy GK Economy Set 1

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