The 'International Monetary Fund' Poverty Reduction and Growth Trust provides: MCQ with Answer and Explanation

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The 'International Monetary Fund' Poverty Reduction and Growth Trust provides:

A. trade subsidies

B. concessional lending to low-income countries

C. military aid

D. loans to developed countries

Answer: Option B

Solution (By JKSSB Mock Tests)

PRGT provides concessional lending to low-income countries.

This question belongs to: Economy GK Economy Set 1

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Question #1

The 'National Health Policy' of India was last released in which year?

A. 2002

B. 2019

C. 2017

D. 2020

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Correct Answer: Option C

Explanation:
The National Health Policy was released in 2017.

This question belongs to: Economy GK Economy Set 1

Question #2

In the context of economic planning, indicative planning is characterised by:

A. Complete government control over all sectors

B. Setting targets and providing incentives without compulsion

C. Only private sector planning

D. Absence of any targets

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Correct Answer: Option B

Explanation:
Indicative planning involves setting broad targets and providing incentives and information to guide private sector decisions rather than imposing compulsory directives.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'Child and Adolescent Labour (Prohibition and Regulation) Act' was amended in which year?

A. 2010

B. 2020

C. 2016

D. 2018

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Correct Answer: Option C

Explanation:
The Child Labour Act was amended in 2016.

This question belongs to: Economy GK Economy Set 1

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