The 'World Bank's World Development Indicators' is a publication that: MCQ with Answer and Explanation

The 'World Bank's World Development Indicators' is a publication that:
A. tracks military spending
B. sets interest rates
C. provides development data on countries
D. publishes stock prices
Answer: Option C
Solution (By JKSSB Mock Tests)
World Development Indicators provides comprehensive development data.

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Practice More Economy Set 1 Questions

Question #1
Ujwal DISCOM Assurance Yojana primarily addresses:
A. coal imports
B. solar panel manufacturing
C. financial health of power distribution companies
D. rural sanitation

Correct Answer: Option C


Explanation:
UDAY aims at financial turnaround of power distribution companies.

This question belongs to: Economy GK Economy Set 1
Question #2
The 'Goods and Services Tax' on online gaming is:
A. 12%
B. 5%
C. 18%
D. 28%

Correct Answer: Option D


Explanation:
Online gaming services attract 28% GST.

This question belongs to: Economy GK Economy Set 1
Question #3
Interest payment on government debt is classified as:
A. non-tax revenue
B. plan expenditure
C. revenue expenditure
D. capital expenditure

Correct Answer: Option C


Explanation:
Interest payment on debt is a recurring revenue expenditure.

This question belongs to: Economy GK Economy Set 1