The 'poverty line' in India was historically based on a minimum calorie requirement of: MCQ with Answer and Explanation

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The 'poverty line' in India was historically based on a minimum calorie requirement of:

A. 3000 kcal per person per day

B. 1200 kcal per person per day

C. 1800 kcal per person per day

D. 2400 kcal rural and 2100 kcal urban per person per day

Answer: Option D

Solution (By JKSSB Mock Tests)

The poverty line used calorie norms of 2400 kcal rural and 2100 kcal urban.

This question belongs to: Economy GK Economy Set 1

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Countervailing duties are imposed to:

A. increase domestic consumption

B. offset subsidies given by foreign governments to their exporters

C. promote exports

D. restrict foreign investment

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Correct Answer: Option B

Explanation:
Countervailing duties offset foreign export subsidies.

This question belongs to: Economy GK Economy Set 1

Question #2

The 'Transparency International' publishes which index?

A. Ease of Doing Business Index

B. Corruption Perceptions Index

C. Logistics Performance Index

D. Human Development Index

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Correct Answer: Option B

Explanation:
Transparency International publishes Corruption Perceptions Index.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'World Economic Outlook' is published by:

A. IMF

B. OECD

C. UNCTAD

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Correct Answer: Option A

Explanation:
The World Economic Outlook is published by the IMF.

This question belongs to: Economy GK Economy Set 1

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