The 'United Nations Educational, Scientific and Cultural Organization' is headquartered in: MCQ with Answer and Explanation

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The 'United Nations Educational, Scientific and Cultural Organization' is headquartered in:

A. Rome

B. New York

C. Geneva

D. Paris

Answer: Option D

Solution (By JKSSB Mock Tests)

UNESCO is headquartered in Paris.

This question belongs to: Economy GK Economy Set 1

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Practice More Economy Set 1 Questions

Question #1

In the context of monetary policy, the 'Zero Lower Bound' problem refers to:

A. The inability of real interest rates to be positive

B. The floor on the fiscal deficit

C. The inability of nominal interest rates to fall significantly below zero

D. The minimum reserve requirement

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Correct Answer: Option C

Explanation:
The zero lower bound refers to the constraint that nominal interest rates cannot be reduced much below zero, limiting the effectiveness of conventional monetary policy in deep recessions.

This question belongs to: Economy GK Economy Set 1

Question #2

The 'Goods and Services Tax' on ambulance services is:

A. 18%

B. 0%

C. exempt

D. 5%

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Correct Answer: Option C

Explanation:
Ambulance services are exempt from GST.

This question belongs to: Economy GK Economy Set 1

Question #3

Which of the following is a feature of the 'Carbon Border Adjustment Mechanism' proposals?

A. Only export subsidies for green goods

B. Only domestic carbon taxes without border measures

C. A complete ban on all imports

D. A levy on imports based on their embedded carbon content to prevent carbon leakage and protect domestic climate policies

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Correct Answer: Option D

Explanation:
A carbon border adjustment mechanism imposes a charge on imported goods equivalent to the domestic carbon price, thereby reducing the risk of carbon leakage and maintaining the competitiveness of domestic producers.

This question belongs to: Economy GK Economy Set 1

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