The target of installed renewable energy capacity set by India for 2030 is: MCQ with Answer and Explanation

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The target of installed renewable energy capacity set by India for 2030 is:

A. 450 GW

B. 100 GW

C. 500 GW

D. 175 GW

Answer: Option C

Solution (By JKSSB Mock Tests)

India has set a target of 500 GW of non-fossil fuel capacity by 2030.

This question belongs to: Economy GK Economy Set 1

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Question #1

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The 'replacement level fertility' is generally considered to be about how many children per woman?

A. 3.0

B. 4.0

C. 1.0

D. 2.1

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Correct Answer: Option D

Explanation:
Replacement level fertility is about 2.1 children per woman.

This question belongs to: Economy GK Economy Set 1

Question #2

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The term 'Invisible Trade' in the balance of payments refers to:

A. Trade in services, income and transfers

B. Only foreign direct investment

C. Only capital transfers

D. Trade in goods only

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Correct Answer: Option A

Explanation:
Invisible trade (or invisibles) includes trade in services (such as tourism, software, transportation), income (interest, dividends) and unilateral transfers.

This question belongs to: Economy GK Economy Set 1

Question #3

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In the context of economic theory, the 'Production Possibility Frontier' shifts outward when there is:

A. Economic growth due to increase in resources or technology

B. Unemployment of resources

C. Decrease in the labour force

D. Inefficient allocation of resources

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Correct Answer: Option A

Explanation:
An outward shift of the PPF indicates economic growth, which can result from an increase in the quantity or quality of resources or from technological progress.

This question belongs to: Economy GK Economy Set 1

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