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

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The 'World Bank's World Development Indicators' is a publication that:

A. provides development data on countries

B. tracks military spending

C. sets interest rates

D. publishes stock prices

Answer: Option A

Solution (By JKSSB Mock Tests)

World Development Indicators provides comprehensive development data.

This question belongs to: Economy GK Economy Set 1

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Question #1

The 'Goods and Services Tax' on Pradhan Mantri Suraksha Bima Yojana premium is:

A. exempt

B. 0%

C. 18%

D. 5%

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Correct Answer: Option A

Explanation:
PMSBY premium is exempt from GST.

This question belongs to: Economy GK Economy Set 1

Question #2

The World Trade Organization came into existence in which year?

A. 2001

B. 1947

C. 1944

D. 1995

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Correct Answer: Option D

Explanation:
The WTO was established in 1995, replacing GATT.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'Goods and Services Tax' rate on cinema tickets below Rs 100 is:

A. 5%

B. 28%

C. 18%

D. 12%

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Correct Answer: Option D

Explanation:
Cinema tickets up to Rs 100 attract 12% GST.

This question belongs to: Economy GK Economy Set 1

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