The 'World Economic Forum' publishes the Global Gender Gap Report. MCQ with Answer and Explanation

The 'World Economic Forum' publishes the Global Gender Gap Report.
A. Only for developing countries
B. True
C. False
D. Only in alternate years
Answer: Option B
Solution (By JKSSB Mock Tests)
WEF publishes the Global Gender Gap Report.

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Practice More Economy Set 1 Questions

Question #1
Which of the following is a characteristic of the Indian tax structure post-GST?
A. Destination-based consumption tax with input tax credit
B. Multiple cascading taxes on the same value addition
C. Origin-based taxation without input credit
D. Only central taxes without state participation

Correct Answer: Option A


Explanation:
GST is a destination-based consumption tax that allows seamless input tax credit, thereby eliminating cascading and creating a unified market.

This question belongs to: Economy GK Economy Set 1
Question #2
The concept of 'Multiplier-Accelerator Interaction' is associated with:
A. International trade theories
B. Business cycle theories
C. Monetary theories
D. Public finance theories

Correct Answer: Option B


Explanation:
The interaction between the multiplier and accelerator is used in theories of business cycles (e.g., by Samuelson and Hicks) to explain fluctuations in economic activity.

This question belongs to: Economy GK Economy Set 1
Question #3
The canon of equity in taxation means that:
A. persons with higher ability should pay more taxes
B. tax rate should be uniform for all
C. tax should be convenient to pay
D. tax should be economical to collect

Correct Answer: Option A


Explanation:
The canon of equity requires taxation based on ability to pay, so the richer pay more.

This question belongs to: Economy GK Economy Set 1