The 'Operation Greens' scheme is related to which agricultural products? MCQ with Answer and Explanation

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The 'Operation Greens' scheme is related to which agricultural products?

A. Tomato, onion and potato

B. Wheat and rice

C. Milk and eggs

D. Pulses and oilseeds

Answer: Option A

Solution (By JKSSB Mock Tests)

Operation Greens aims to stabilize supply of TOP (tomato, onion, potato) crops.

This question belongs to: Economy GK Economy Set 1

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Question #1

The 'net investment' is equal to gross investment minus:

A. taxes

B. consumption

C. savings

D. depreciation

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Correct Answer: Option D

Explanation:
Net investment = gross investment - depreciation.

This question belongs to: Economy GK Economy Set 1

Question #2

The J-curve effect suggests that after a currency depreciation, the trade balance:

A. improves immediately

B. never improves

C. initially worsens before improving

D. is unaffected

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Correct Answer: Option C

Explanation:
The J-curve effect shows that trade balance may worsen initially after depreciation before improving.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'managed float' exchange rate system means the exchange rate is:

A. completely fixed

B. determined by market forces with possible central bank intervention

C. set by the IMF

D. not applicable

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Correct Answer: Option B

Explanation:
Managed float allows market determination with occasional central bank intervention.

This question belongs to: Economy GK Economy Set 1

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