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. potato production

C. fish

D. milk

Answer: Option B

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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Practice More Economy Set 1 Questions

Question #1

The 'World Happiness Report' is published by:

A. IMF

B. World Bank

C. United Nations Sustainable Development Solutions Network

D. World Economic Forum

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Correct Answer: Option C

Explanation:
The World Happiness Report is published by the UN Sustainable Development Solutions Network.

This question belongs to: Economy GK Economy Set 1

Question #2

The 'Sensex' comprises how many actively traded stocks of BSE?

A. 200

B. 30

C. 50

D. 100

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Correct Answer: Option B

Explanation:
Sensex is based on 30 actively traded stocks of BSE.

This question belongs to: Economy GK Economy Set 1

Question #3

Which of the following is a feature of the 'Modern Monetary Theory' (MMT) perspective?

A. Monetary financing is always inflationary regardless of capacity utilisation

B. A sovereign currency issuer faces no purely financial constraint on its spending and the main limit is inflation

C. Only balanced budgets are sustainable

D. Governments are always financially constrained like households

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Correct Answer: Option B

Explanation:
Modern Monetary Theory argues that a government that issues its own fiat currency cannot be forced into involuntary default and that the relevant constraint on spending is the availability of real resources and the risk of inflation.

This question belongs to: Economy GK Economy Set 1

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