The 'Sustainable Development Goals' were adopted by the United Nations in which year? MCQ with Answer and Explanation

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The 'Sustainable Development Goals' were adopted by the United Nations in which year?

A. 2015

B. 2016

C. 2000

D. 2020

Answer: Option A

Solution (By JKSSB Mock Tests)

The Sustainable Development Goals were adopted in 2015.

This question belongs to: Economy GK Economy Set 1

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Question #1

Which of the following is a feature of the 'Real Exchange Rate'?

A. It is determined only by interest rates

B. It is simply the nominal exchange rate

C. It is independent of price levels

D. It is the nominal exchange rate adjusted for relative price levels between countries

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Correct Answer: Option D

Explanation:
The real exchange rate is defined as the nominal exchange rate multiplied by the ratio of foreign to domestic price levels (or the relative price of foreign to domestic goods).

This question belongs to: Economy GK Economy Set 1

Question #2

The 'Goods and Services Tax' on digital advertising is:

A. 12%

B. 5%

C. 28%

D. 18%

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Correct Answer: Option D

Explanation:
Digital advertising services attract 18% GST.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'Goods and Services Tax' zero rating on exports means:

A. exports are banned

B. exports are taxed at zero rate and input tax credit is allowed

C. exports are taxed at 5%

D. exports are exempt with no input tax credit

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Correct Answer: Option B

Explanation:
Zero-rated supplies are taxed at 0% and allow input tax credit refunds.

This question belongs to: Economy GK Economy Set 1

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