The 'Reserve Bank of India' publishes which report? MCQ with Answer and Explanation

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The 'Reserve Bank of India' publishes which report?

A. Economic Survey

B. Annual Report and Financial Stability Report

C. World Development Report

D. Human Development Report

Answer: Option B

Solution (By JKSSB Mock Tests)

RBI publishes Annual Report and Financial Stability Report.

This question belongs to: Economy GK Economy Set 1

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Question #1

The 'GST Council' decisions are made by how much majority?

A. unanimous consent

B. two-thirds majority

C. simple majority

D. three-fourths majority

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Correct Answer: Option D

Explanation:
GST Council decisions require three-fourths majority.

This question belongs to: Economy GK Economy Set 1

Question #2

The 'Union Budget' is presented under which article of the Constitution?

A. Article 280

B. Article 112

C. Article 265

D. Article 110

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Correct Answer: Option B

Explanation:
The Annual Financial Statement is presented under Article 112.

This question belongs to: Economy GK Economy Set 1

Question #3

In the context of international economics, 'Dumping' is considered:

A. A tariff barrier

B. A fair trade practice

C. An unfair trade practice of selling below cost or domestic price in foreign markets

D. A form of export promotion subsidy only

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Correct Answer: Option C

Explanation:
Dumping involves selling a product in a foreign market at a price lower than the domestic price or below the cost of production, often subject to anti-dumping duties.

This question belongs to: Economy GK Economy Set 1

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