The 'Multidimensional Poverty Index' uses how many indicators? MCQ with Answer and Explanation

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The 'Multidimensional Poverty Index' uses how many indicators?

A. 20

B. 12

C. 5

D. 10

Answer: Option D

Solution (By JKSSB Mock Tests)

MPI uses 10 indicators across three dimensions.

This question belongs to: Economy GK Economy Set 1

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Question #1

The 'Multidimensional Poverty Index' was developed by:

A. UNESCO

B. UNDP and Oxford Poverty and Human Development Initiative

C. World Bank

D. IMF

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Correct Answer: Option B

Explanation:
MPI was developed by UNDP and the Oxford Poverty and Human Development Initiative.

This question belongs to: Economy GK Economy Set 1

Question #2

Which of the following is a permitted asset for Statutory Liquidity Ratio?

A. Gold and government securities

B. Mutual fund units

C. Corporate bonds

D. Equity shares

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Correct Answer: Option A

Explanation:
SLR assets include cash, gold and approved government securities.

This question belongs to: Economy GK Economy Set 1

Question #3

The Liquidity Adjustment Facility of the RBI includes:

A. Bank rate and MSF

B. Repo and reverse repo

C. CRR and SLR

D. Currency printing and open market operations

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Correct Answer: Option B

Explanation:
The Liquidity Adjustment Facility comprises repo and reverse repo operations.

This question belongs to: Economy GK Economy Set 1

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