The 'World Economic Forum' annual meeting is held in: MCQ with Answer and Explanation

Question

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The 'World Economic Forum' annual meeting is held in:

A. Basel

B. Davos

C. Geneva

D. Zurich

Answer: Option B

Solution (By JKSSB Mock Tests)

WEF annual meeting is held in Davos.

This question belongs to: Economy GK Economy Set 1

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Question #1

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The 'Goods and Services Tax' rate on readymade garments above Rs 1,000 is:

A. 12%

B. 28%

C. 5%

D. 18%

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Correct Answer: Option A

Explanation:
Readymade garments above Rs 1,000 attract 12% GST.

This question belongs to: Economy GK Economy Set 1

Question #2

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The 'Public Provident Fund' is a:

A. short-term trading instrument

B. current account

C. foreign exchange instrument

D. long-term small savings scheme

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Correct Answer: Option D

Explanation:
Public Provident Fund is a long-term small savings scheme.

This question belongs to: Economy GK Economy Set 1

Question #3

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The 'Udyam Registration' portal is used for registration of:

A. large companies

B. stock brokers

C. MSMEs

D. banks

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Correct Answer: Option C

Explanation:
Udyam Registration is the online registration portal for MSMEs.

This question belongs to: Economy GK Economy Set 1

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