The 'National Education Policy 2020' proposes which curricular structure in schools? MCQ with Answer and Explanation

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The 'National Education Policy 2020' proposes which curricular structure in schools?

A. 4+3+3+2

B. 5+3+3+4

C. 8+4

D. 10+2

Answer: Option B

Solution (By JKSSB Mock Tests)

NEP 2020 proposes a 5+3+3+4 curricular and pedagogical structure.

This question belongs to: Economy GK Economy Set 1

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Question #1

The concept of 'Liquidity Preference' includes which of the following motives?

A. Only speculative motive

B. Only precautionary motive

C. Transactions, precautionary and speculative motives

D. Only transactions motive

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Correct Answer: Option C

Explanation:
According to Keynes, the demand for money (liquidity preference) arises from three motives: transactions, precautionary and speculative.

This question belongs to: Economy GK Economy Set 1

Question #2

The 'snob effect' in consumer behaviour refers to:

A. buying only necessities

B. following popular trends

C. buying goods to appear exclusive and different

D. buying more when price falls

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Correct Answer: Option C

Explanation:
The snob effect is consumer preference for exclusive goods that set them apart.

This question belongs to: Economy GK Economy Set 1

Question #3

The term 'Special Drawing Rights' can be used by member countries of the IMF for:

A. Only purchasing gold

B. Settling international payments and as a reserve asset

C. Only domestic transactions

D. Only financing fiscal deficit

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Correct Answer: Option B

Explanation:
SDRs are international reserve assets that can be exchanged for freely usable currencies and used in transactions among IMF members and prescribed holders.

This question belongs to: Economy GK Economy Set 1

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