The 'International Monetary Fund' headquarters is in: MCQ with Answer and Explanation

The 'International Monetary Fund' headquarters is in:
A. Geneva
B. Washington D.C.
C. New York
D. Paris
Answer: Option B
Solution (By JKSSB Mock Tests)
IMF headquarters is in Washington D.C.

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Practice More Economy Set 1 Questions

Question #1
The 'Goods and Services Tax (Compensation to States) Act' was passed in which year?
A. 2017
B. 2015
C. 2018
D. 2016

Correct Answer: Option A


Explanation:
The GST Compensation to States Act was passed in 2017.

This question belongs to: Economy GK Economy Set 1
Question #2
In the theory of international trade, the Heckscher-Ohlin theorem states that a country will export goods that:
A. Use its abundant factors intensively
B. Require the most labour regardless of endowment
C. Use its scarce factors intensively
D. Have the highest absolute advantage

Correct Answer: Option A


Explanation:
According to the Heckscher-Ohlin theorem, a country exports goods that intensively use its relatively abundant factors of production and imports goods that intensively use its scarce factors.

This question belongs to: Economy GK Economy Set 1
Question #3
Which of the following is a feature of the 'Care Economy' agenda?
A. Recognition of the economic and social value of paid and unpaid care work and policies to support its provision and quality
B. Only the privatisation of all care services
C. Only the neglect of care work as non-economic
D. Only the reduction of public support for care

Correct Answer: Option A


Explanation:
The care-economy agenda highlights the central role of care work—both paid and unpaid—in sustaining societies and economies, and advocates policies that recognise, reduce and redistribute care responsibilities more equitably.

This question belongs to: Economy GK Economy Set 1