The 'Sustainable Development Goals' consist of how many goals? MCQ with Answer and Explanation

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The 'Sustainable Development Goals' consist of how many goals?

A. 21

B. 8

C. 30

D. 17

Answer: Option D

Solution (By JKSSB Mock Tests)

The SDGs consist of 17 goals.

This question belongs to: Economy GK Economy Set 1

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Question #1

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The 'Essential Commodities Act' was amended in 2020 to deregulate which commodities?

A. Fertilizers

B. Cereals, pulses, oilseeds, edible oils and onion

C. Medicines

D. Petroleum products

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Correct Answer: Option B

Explanation:
The Essential Commodities (Amendment) Act 2020 deregulated cereals, pulses, oilseeds, edible oils and onion.

This question belongs to: Economy GK Economy Set 1

Question #2

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The 'tragedy of the commons' refers to:

A. underuse of private property

B. overuse of common property resources

C. market success

D. government failure

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Correct Answer: Option B

Explanation:
The tragedy of the commons is the overuse and depletion of common property resources.

This question belongs to: Economy GK Economy Set 1

Question #3

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In the context of international macroeconomics, the 'Twin Deficits' hypothesis links:

A. The fiscal deficit and the current-account deficit

B. Only the revenue deficit and the primary deficit

C. Only the trade deficit and the capital-account surplus

D. Only domestic saving and investment

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Correct Answer: Option A

Explanation:
The twin-deficits hypothesis posits a positive relationship between the government budget deficit and the current-account deficit, arising from the national accounting identity linking private saving, investment and the twin deficits.

This question belongs to: Economy GK Economy Set 1

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