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

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The 'UNCTAD' headquarters is in:

A. Geneva

B. New York

C. Vienna

D. Paris

Answer: Option A

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 'Goods and Services Tax' on online information and database access or retrieval services is:

A. 12%

B. 28%

C. 18%

D. 5%

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Correct Answer: Option C

Explanation:
OIDAR services attract 18% GST.

This question belongs to: Economy GK Economy Set 1

Question #2

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Which of the following is a feature of the Classical Quantity Theory of Money?

A. Interest rates determine money demand primarily

B. Output is demand-determined

C. Velocity of money is unstable

D. Money is neutral and affects only prices in the long run

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Correct Answer: Option D

Explanation:
In the classical framework, money is neutral in the long run; changes in money supply affect only the price level, not real variables.

This question belongs to: Economy GK Economy Set 1

Question #3

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The 'GDP at constant prices' in India uses which base year?

A. 2015-16

B. 2004-05

C. 2011-12

D. 2019-20

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Correct Answer: Option C

Explanation:
India's GDP constant price series currently uses base year 2011-12.

This question belongs to: Economy GK Economy Set 1

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