The 'Periodic Labour Force Survey' was started in which year? MCQ with Answer and Explanation

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The 'Periodic Labour Force Survey' was started in which year?

A. 2018

B. 2017

C. 2019

D. 2015

Answer: Option B

Solution (By JKSSB Mock Tests)

PLFS was launched in 2017.

This question belongs to: Economy GK Economy Set 1

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Question #1

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The Gini coefficient measures:

A. income inequality

B. poverty

C. inflation

D. unemployment

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Correct Answer: Option A

Explanation:
The Gini coefficient measures income inequality.

This question belongs to: Economy GK Economy Set 1

Question #2

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The 'Generalized System of Preferences' allows developed countries to:

A. impose higher tariffs on developing countries

B. harmonize exchange rates

C. ban imports from developing countries

D. grant preferential tariff treatment to developing countries

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Correct Answer: Option D

Explanation:
GSP allows developed countries to grant preferential tariff treatment to developing countries.

This question belongs to: Economy GK Economy Set 1

Question #3

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The 'Brown Revolution' is associated with:

A. food processing

B. fertilizer production

C. leather and cocoa

D. coffee and cocoa production

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Correct Answer: Option D

Explanation:
Brown Revolution is associated with coffee and cocoa production.

This question belongs to: Economy GK Economy Set 1

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