The 'National Bank for Agriculture and Rural Development' was established in which year? MCQ with Answer and Explanation

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The 'National Bank for Agriculture and Rural Development' was established in which year?

A. 1991

B. 1982

C. 1969

D. 1975

Answer: Option B

Solution (By JKSSB Mock Tests)

NABARD was established in 1982.

This question belongs to: Economy GK Economy Set 1

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Question #1

The 'labour force participation rate' is calculated as labour force divided by:

A. working-age population

B. unemployed persons

C. total population

D. employed persons

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Correct Answer: Option A

Explanation:
LFPR is labour force as a percentage of working-age population.

This question belongs to: Economy GK Economy Set 1

Question #2

The 'International Solar Alliance' is headquartered in:

A. New York

B. Geneva

C. Gurugram, India

D. Paris

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Correct Answer: Option C

Explanation:
The International Solar Alliance is headquartered in Gurugram, India.

This question belongs to: Economy GK Economy Set 1

Question #3

The concept of 'Stranded Assets' in the energy transition refers to:

A. Assets that suffer unanticipated write-downs or devaluations because of climate-related risks and the shift to a low-carbon economy

B. Only fully depreciated assets

C. Only financial assets unrelated to the real economy

D. Only newly created green assets

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Correct Answer: Option A

Explanation:
Stranded assets are those that lose economic value prematurely as a result of changes associated with the energy transition, such as policy shifts, technological change or shifts in demand away from fossil fuels.

This question belongs to: Economy GK Economy Set 1

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