The 'Round Revolution' in India is associated with: MCQ with Answer and Explanation

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The 'Round Revolution' in India is associated with:

A. eggs

B. fish

C. milk

D. potato production

Answer: Option D

Solution (By JKSSB Mock Tests)

The Round Revolution is associated with increased potato production.

This question belongs to: Economy GK Economy Set 1

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Question #1

The 'New Development Bank' headquarters is in:

A. New Delhi

B. Moscow

C. Beijing

D. Shanghai

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Correct Answer: Option D

Explanation:
NDB headquarters is in Shanghai.

This question belongs to: Economy GK Economy Set 1

Question #2

The 'Economic Community of West African States' promotes economic integration in:

A. Europe

B. Asia

C. South America

D. West Africa

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Correct Answer: Option D

Explanation:
ECOWAS promotes economic integration in West Africa.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'Goods and Services Tax' is an indirect tax because:

A. it is paid by the seller only

B. the burden can be shifted to the final consumer

C. it is paid only by companies

D. it is paid by the government

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Correct Answer: Option B

Explanation:
GST is an indirect tax as the burden is ultimately borne by the final consumer.

This question belongs to: Economy GK Economy Set 1

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