The quantity theory of money is expressed by which equation? MCQ with Answer and Explanation

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The quantity theory of money is expressed by which equation?

A. MV = PT

B. MC = MR

C. Y = C + I

D. S = I

Answer: Option A

Solution (By JKSSB Mock Tests)

The quantity theory of money is expressed as MV = PT.

This question belongs to: Economy GK Economy Set 1

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The 'International Solar Alliance' is headquartered in:

A. Gurugram, India

B. Paris

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D. Geneva

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Correct Answer: Option A

Explanation:
The International Solar Alliance is headquartered in Gurugram, India.

This question belongs to: Economy GK Economy Set 1

Question #2

The Skill India Mission aims to:

A. train a large number of people in various skills

B. provide direct income support

C. reduce population growth

D. promote imports

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Correct Answer: Option A

Explanation:
Skill India aims to provide skill training to the workforce and improve employability.

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Question #3

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C. 2016

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Correct Answer: Option D

Explanation:
The Planning Commission was replaced by NITI Aayog in 2015.

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