The 'World Bank' publishes which report? MCQ with Answer and Explanation

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The 'World Bank' publishes which report?

A. World Happiness Report

B. Global Financial Stability Report

C. World Development Report

D. World Economic Outlook

Answer: Option C

Solution (By JKSSB Mock Tests)

World Bank publishes World Development Report.

This question belongs to: Economy GK Economy Set 1

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Question #1

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The 'FDI' in multi-brand retail is allowed up to what percentage?

A. 74%

B. 51%

C. 100%

D. 49%

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Correct Answer: Option B

Explanation:
FDI in multi-brand retail is allowed up to 51% under government approval.

This question belongs to: Economy GK Economy Set 1

Question #2

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The 'Goods and Services Tax' on insurance services provided to government is:

A. 5%

B. 12%

C. 0%

D. 18%

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Correct Answer: Option D

Explanation:
Insurance services to government attract 18% GST.

This question belongs to: Economy GK Economy Set 1

Question #3

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Repo rate is the rate at which the Reserve Bank of India:

A. borrows money from commercial banks

B. lends to the government

C. lends short-term funds to commercial banks against government securities

D. accepts deposits from public

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Correct Answer: Option C

Explanation:
Repo rate is the rate at which the RBI lends short-term funds to banks against government securities.

This question belongs to: Economy GK Economy Set 1

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