The 'National Economic Census' is conducted by: MCQ with Answer and Explanation

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The 'National Economic Census' is conducted by:

A. SEBI

B. Ministry of Statistics and Programme Implementation

C. NITI Aayog

D. RBI

Answer: Option B

Solution (By JKSSB Mock Tests)

Economic Census is conducted by MoSPI.

This question belongs to: Economy GK Economy Set 1

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Question #1

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The term 'Core Inflation' is useful for policy makers because it:

A. Includes all volatile items

B. Excludes food and fuel prices to reveal underlying inflation trends

C. Is always higher than headline inflation

D. Measures only food inflation

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Correct Answer: Option B

Explanation:
Core inflation excludes volatile components such as food and energy, providing a clearer picture of persistent inflationary pressures for monetary policy decisions.

This question belongs to: Economy GK Economy Set 1

Question #2

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The 'Balance of Payments' current account includes which of the following?

A. Net income from abroad

B. Portfolio investment

C. External commercial borrowing

D. Foreign direct investment

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Correct Answer: Option A

Explanation:
Net income from abroad is part of the current account.

This question belongs to: Economy GK Economy Set 1

Question #3

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The 'National Skill Development Corporation' was set up as a:

A. government department

B. state-owned company only

C. public-private partnership

D. regulatory body

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Correct Answer: Option C

Explanation:
NSDC is a public-private partnership for skill development.

This question belongs to: Economy GK Economy Set 1

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