The 'United Nations Conference on Trade and Development' is headquartered in: MCQ with Answer and Explanation

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The 'United Nations Conference on Trade and Development' is headquartered in:

A. Geneva

B. Rome

C. Vienna

D. New York

Answer: Option A

Solution (By JKSSB Mock Tests)

UNCTAD is headquartered in Geneva, Switzerland.

This question belongs to: Economy GK Economy Set 1

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Practice More Economy Set 1 Questions

Question #1

Which of the following is a feature of the Quantity Theory of Money in its classical form?

A. Money supply determines the price level assuming full employment and constant velocity

B. Interest rates determine money demand only

C. Velocity of money is variable and unstable

D. Output is determined by aggregate demand

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Correct Answer: Option A

Explanation:
In the classical Quantity Theory (MV = PT), with V and T assumed constant and full employment, changes in money supply (M) lead to proportional changes in the price level (P).

This question belongs to: Economy GK Economy Set 1

Question #2

The 'Paris Agreement' aims to limit global temperature rise this century to well below:

A. 4°C

B. 1°C

C. 3°C

D. 2°C above pre-industrial levels

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Correct Answer: Option D

Explanation:
The Paris Agreement aims to limit warming to well below 2°C, preferably 1.5°C.

This question belongs to: Economy GK Economy Set 1

Question #3

A payment bank in India can accept demand deposits up to a maximum of:

A. Rs 50,000

B. Rs 2 lakh

C. Rs 5 lakh

D. Rs 1 lakh

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Correct Answer: Option D

Explanation:
Payment banks can accept demand deposits up to Rs 1 lakh per customer.

This question belongs to: Economy GK Economy Set 1

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