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

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The 'World Bank' publishes which report?

A. Global Financial Stability Report

B. World Economic Outlook

C. World Happiness Report

D. World Development Report

Answer: Option D

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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Which of the following is a major source of agricultural credit in India?

A. Mutual funds

B. Stock exchanges

C. Commercial banks, cooperative banks and Regional Rural Banks

D. Foreign institutional investors only

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Correct Answer: Option C

Explanation:
Institutional agricultural credit in India is primarily provided by commercial banks, cooperative banks and Regional Rural Banks, with refinancing support from NABARD.

This question belongs to: Economy GK Economy Set 1

Question #2

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Which of the following is NOT a type of unemployment in developing countries?

A. Open unemployment

B. Seasonal unemployment

C. Natural rate of unemployment as a policy target only

D. Disguised unemployment

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Correct Answer: Option C

Explanation:
Disguised, seasonal and open unemployment are common in developing countries. The natural rate of unemployment is a concept more relevant to developed economies and macroeconomic policy.

This question belongs to: Economy GK Economy Set 1