The 'Transparency International' publishes which index? MCQ with Answer and Explanation

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The 'Transparency International' publishes which index?

A. Ease of Doing Business Index

B. Human Development Index

C. Corruption Perceptions Index

D. Logistics Performance Index

Answer: Option C

Solution (By JKSSB Mock Tests)

Transparency International publishes Corruption Perceptions Index.

This question belongs to: Economy GK Economy Set 1

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Question #1

The 'literacy rate' in the Indian census is defined for persons aged:

A. 0-6 years

B. 18-60 years

C. 15-35 years

D. 7 years and above

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Correct Answer: Option D

Explanation:
The literacy rate is calculated for the population aged 7 years and above.

This question belongs to: Economy GK Economy Set 1

Question #2

The 'long-run Phillips curve' is vertical at:

A. the natural rate of unemployment

B. full employment with zero unemployment

C. maximum inflation

D. zero inflation

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Correct Answer: Option A

Explanation:
The long-run Phillips curve is vertical at the natural rate of unemployment.

This question belongs to: Economy GK Economy Set 1

Question #3

Which of the following is NOT a feature of perfect competition?

A. Product differentiation

B. Free entry and exit

C. Homogeneous product

D. Large number of buyers and sellers

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Correct Answer: Option A

Explanation:
Product differentiation is a feature of monopolistic competition, not perfect competition. In perfect competition, products are homogeneous.

This question belongs to: Economy GK Economy Set 1

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