The 'SAARC' grouping includes how many member countries? MCQ with Answer and Explanation

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The 'SAARC' grouping includes how many member countries?

A. 8

B. 10

C. 6

D. 12

Answer: Option A

Solution (By JKSSB Mock Tests)

SAARC has 8 member countries.

This question belongs to: Economy GK Economy Set 1

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Question #1

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The 'People's Bank of China' is the central bank of:

A. China

B. Vietnam

C. Japan

D. India

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Correct Answer: Option A

Explanation:
The People's Bank of China is China's central bank.

This question belongs to: Economy GK Economy Set 1

Question #2

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The 'UDAY' scheme was launched by the Ministry of:

A. Rural Development

B. Finance

C. Petroleum

D. Power

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Correct Answer: Option D

Explanation:
UDAY was launched by the Ministry of Power for DISCOM financial turnaround.

This question belongs to: Economy GK Economy Set 1

Question #3

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The 'countervailing duty' is imposed to countervail:

A. high tariffs

B. foreign export subsidies

C. dumping

D. currency depreciation

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Correct Answer: Option B

Explanation:
Countervailing duties offset foreign subsidies on exports.

This question belongs to: Economy GK Economy Set 1

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