The 'population density' in India is measured as: MCQ with Answer and Explanation

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The 'population density' in India is measured as:

A. persons per square kilometre

B. persons per house

C. persons per state

D. persons per village

Answer: Option A

Solution (By JKSSB Mock Tests)

Population density is persons per square kilometre.

This question belongs to: Economy GK Economy Set 1

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Question #1

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The concept of 'Consumer Equilibrium' under indifference curve analysis is achieved when:

A. Price equals average cost

B. Marginal utility is zero

C. The budget line is tangent to the highest attainable indifference curve

D. Total utility is maximum without budget constraint

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Correct Answer: Option C

Explanation:
Consumer equilibrium occurs at the point where the budget line is tangent to an indifference curve, equating the marginal rate of substitution with the price ratio.

This question belongs to: Economy GK Economy Set 1

Question #2

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The 'Goods and Services Tax' was implemented in India from which date?

A. 1 January 2017

B. 1 April 2017

C. 1 April 2016

D. 1 July 2017

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Correct Answer: Option D

Explanation:
GST was implemented on 1 July 2017.

This question belongs to: Economy GK Economy Set 1

Question #3

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The 'rent-seeking' behaviour in economics refers to:

A. earning profit through productive activity

B. paying rent

C. buying real estate

D. manipulating political or economic environment to obtain benefits without creating wealth

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Correct Answer: Option D

Explanation:
Rent-seeking is the pursuit of benefits through manipulation rather than productive activity.

This question belongs to: Economy GK Economy Set 1

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