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

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The 'UNESCO' headquarters is in:

A. Paris

B. Geneva

C. Rome

D. New York

Answer: Option A

Solution (By JKSSB Mock Tests)

UNESCO headquarters is in Paris.

This question belongs to: Economy GK Economy Set 1

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Question #1

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

A. Only indirect taxes

B. No progressive taxation

C. Only direct taxes

D. Both direct and indirect taxes

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Correct Answer: Option D

Explanation:
The Indian tax system consists of both direct taxes (income tax, corporation tax) and indirect taxes (GST, customs duty), with progressive elements in direct taxes.

This question belongs to: Economy GK Economy Set 1

Question #2

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The 'Smithsonian Agreement' of 1971 attempted to:

A. abolish the IMF

B. realign fixed exchange rates after the collapse of the dollar-gold link

C. create the euro

D. ban currency trading

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Correct Answer: Option B

Explanation:
The Smithsonian Agreement attempted to establish new fixed exchange rate parities after the dollar-gold link ended.

This question belongs to: Economy GK Economy Set 1

Question #3

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The 'Base Erosion and Profit Shifting' concerns tax avoidance by:

A. government departments

B. non-profit organizations

C. individual employees

D. multinational enterprises shifting profits to low-tax jurisdictions

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Correct Answer: Option D

Explanation:
BEPS involves multinational enterprises shifting profits to low-tax jurisdictions.

This question belongs to: Economy GK Economy Set 1

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