The Sagarmala programme is related to the development of: MCQ with Answer and Explanation

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The Sagarmala programme is related to the development of:

A. inland waterways only

B. highways

C. airports

D. ports and coastal infrastructure

Answer: Option D

Solution (By JKSSB Mock Tests)

Sagarmala aims to promote port-led development and coastal infrastructure.

This question belongs to: Economy GK Economy Set 1

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Practice More Economy Set 1 Questions

Question #1

The 'MUDRA' loans are extended to:

A. micro and small enterprises

B. multinational corporations

C. state governments

D. large industries

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Correct Answer: Option A

Explanation:
MUDRA provides loans to micro and small enterprises.

This question belongs to: Economy GK Economy Set 1

Question #2

Frictional unemployment is best described as:

A. long-term unemployment due to skill mismatch

B. temporary unemployment during job search or transition

C. unemployment due to seasonal agriculture

D. unemployment due to lack of demand

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Correct Answer: Option B

Explanation:
Frictional unemployment is temporary unemployment during job search or transition.

This question belongs to: Economy GK Economy Set 1

Question #3

Which of the following is a feature of the long-run average cost curve under constant returns to scale?

A. Horizontal

B. U-shaped due to fixed factors

C. Continuously rising

D. Continuously falling

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Correct Answer: Option A

Explanation:
Under constant returns to scale, long-run average cost remains constant as output expands, resulting in a horizontal LAC curve.

This question belongs to: Economy GK Economy Set 1

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