The 'Millennium Development Goals' were replaced by which framework? MCQ with Answer and Explanation

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The 'Millennium Development Goals' were replaced by which framework?

A. Sendai Framework

B. Kyoto Protocol

C. Paris Agreement

D. Sustainable Development Goals

Answer: Option D

Solution (By JKSSB Mock Tests)

The SDGs replaced the Millennium Development Goals in 2016.

This question belongs to: Economy GK Economy Set 1

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Question #1

The 'Production Linked Incentive' scheme aims to:

A. promote imports

B. reduce production

C. increase imports

D. boost domestic manufacturing by linking incentives to incremental output

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Correct Answer: Option D

Explanation:
PLI schemes provide incentives to boost domestic manufacturing.

This question belongs to: Economy GK Economy Set 1

Question #2

A deflationary gap exists when:

A. prices rise rapidly

B. the economy is above full employment

C. aggregate demand exceeds full employment output

D. aggregate demand is less than full employment output

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Correct Answer: Option D

Explanation:
A deflationary gap occurs when aggregate demand is below the level needed for full employment output.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'Goods and Services Tax' on hotel room service is:

A. 5%

B. 28%

C. 18%

D. 12%

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Correct Answer: Option C

Explanation:
Room service in hotels generally attracts 18% GST.

This question belongs to: Economy GK Economy Set 1

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