The term 'Crowding In' refers to: MCQ with Answer and Explanation

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The term 'Crowding In' refers to:

A. Decrease in private investment due to government spending

B. Increase in imports due to higher income

C. Decrease in exports due to appreciation

D. Increase in private investment stimulated by government spending

Answer: Option D

Solution (By JKSSB Mock Tests)

Crowding in occurs when government spending (especially on infrastructure) raises the productivity of private capital and stimulates additional private investment.

This question belongs to: Economy GK Economy Set 1

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Question #1

The 'MUDRA' loans are extended to:

A. multinational corporations

B. state governments

C. large industries

D. micro and small enterprises

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Correct Answer: Option D

Explanation:
MUDRA provides loans to micro and small enterprises.

This question belongs to: Economy GK Economy Set 1

Question #2

The 'United Nations Sustainable Development Solutions Network' publishes which report?

A. Global Hunger Index

B. Global Competitiveness Report

C. Human Development Report

D. World Happiness Report

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Correct Answer: Option D

Explanation:
UN SDSN publishes World Happiness Report.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'Mid-Day Meal Scheme' was launched in which year?

A. 1985

B. 2005

C. 1995

D. 2001

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Correct Answer: Option C

Explanation:
Mid-Day Meal Scheme was launched in 1995.

This question belongs to: Economy GK Economy Set 1

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