The 'UNCTAD' headquarters is in: MCQ with Answer and Explanation

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The 'UNCTAD' headquarters is in:

A. Paris

B. Geneva

C. Vienna

D. New York

Answer: Option B

Solution (By JKSSB Mock Tests)

UNCTAD headquarters is in Geneva.

This question belongs to: Economy GK Economy Set 1

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Question #1

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The 'Index of Industrial Production' in India is released by:

A. NITI Aayog

B. Ministry of Finance

C. RBI

D. Ministry of Statistics and Programme Implementation

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Correct Answer: Option D

Explanation:
IIP is released by MoSPI.

This question belongs to: Economy GK Economy Set 1

Question #2

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The kinked demand curve model is used to explain price rigidity in:

A. monopsony

B. perfect competition

C. oligopoly

D. monopoly

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Correct Answer: Option C

Explanation:
The kinked demand curve explains why oligopolistic firms avoid changing prices.

This question belongs to: Economy GK Economy Set 1

Question #3

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Which of the following is a feature of the Indian monetary system?

A. Fixed exchange rate without any intervention

B. Complete free floating without RBI role

C. Gold standard

D. Managed floating exchange rate with inflation targeting

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Correct Answer: Option D

Explanation:
India follows a managed floating exchange rate regime and has adopted a flexible inflation targeting framework for monetary policy.

This question belongs to: Economy GK Economy Set 1

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