The 'Spices Board of India' is headquartered in: MCQ with Answer and Explanation

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The 'Spices Board of India' is headquartered in:

A. Chennai

B. Delhi

C. Kochi

D. Mumbai

Answer: Option C

Solution (By JKSSB Mock Tests)

The Spices Board of India is headquartered in Kochi.

This question belongs to: Economy GK Economy Set 1

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Question #1

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In the context of labour economics, the 'Matching Function' in search theory relates:

A. Only labour demand to the real wage

B. Only labour supply to the real wage

C. The number of job matches to the stocks of unemployed workers and vacancies

D. Only wages to productivity

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Correct Answer: Option C

Explanation:
The matching function in search-and-matching models describes how the flow of new hires depends on the number of unemployed workers and the number of job vacancies.

This question belongs to: Economy GK Economy Set 1

Question #2

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The 'multidimensional poverty index' considers how many equally weighted dimensions?

A. Three

B. Ten

C. Two

D. Five

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Correct Answer: Option A

Explanation:
MPI has three equally weighted dimensions: health, education and standard of living.

This question belongs to: Economy GK Economy Set 1

Question #3

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The 'Goods and Services Tax' on call centre services is:

A. 18%

B. 12%

C. 28%

D. 5%

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Correct Answer: Option A

Explanation:
Call centre services attract 18% GST.

This question belongs to: Economy GK Economy Set 1

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