The 'literacy rate' in the Indian census is defined for persons aged: MCQ with Answer and Explanation

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The 'literacy rate' in the Indian census is defined for persons aged:

A. 0-6 years

B. 18-60 years

C. 15-35 years

D. 7 years and above

Answer: Option D

Solution (By JKSSB Mock Tests)

The literacy rate is calculated for the population aged 7 years and above.

This question belongs to: Economy GK Economy Set 1

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Question #1

Which of the following is a type of elasticity of demand?

A. Only supply elasticity

B. Only cost elasticity

C. Only production elasticity

D. Price elasticity, income elasticity and cross elasticity

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Correct Answer: Option D

Explanation:
The main types of demand elasticity are price elasticity of demand, income elasticity of demand and cross elasticity of demand.

This question belongs to: Economy GK Economy Set 1

Question #2

In the Cobb-Douglas production function Q = A L^α K^β, if α + β = 1, the production function exhibits:

A. negative returns

B. decreasing returns to scale

C. increasing returns to scale

D. constant returns to scale

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Correct Answer: Option D

Explanation:
If α + β = 1, the Cobb-Douglas production function exhibits constant returns to scale.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'World Health Organization' is headquartered in:

A. Geneva

B. Rome

C. Paris

D. New York

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Correct Answer: Option A

Explanation:
The World Health Organization is headquartered in Geneva.

This question belongs to: Economy GK Economy Set 1

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