The 'World Happiness Report' is published by: MCQ with Answer and Explanation

The 'World Happiness Report' is published by:
A. World Economic Forum
B. IMF
C. World Bank
D. United Nations Sustainable Development Solutions Network
Answer: Option D
Solution (By JKSSB Mock Tests)
The World Happiness Report is published by the UN Sustainable Development Solutions Network.

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Practice More Economy Set 1 Questions

Question #1
Which of the following is a feature of the 'Debt-Deflation' theory associated with Irving Fisher?
A. Falling prices raise the real value of debt, leading to further declines in spending and prices
B. Deflation always reduces the real burden of debt
C. Debt is irrelevant for the business cycle
D. Only inflation causes debt problems

Correct Answer: Option A


Explanation:
Fisher’s debt-deflation theory argues that an initial decline in prices increases the real burden of nominal debt, forcing distressed selling and further price declines in a downward spiral.

This question belongs to: Economy GK Economy Set 1
Question #2
In the context of behavioural finance, the 'Disposition Effect' refers to:
A. Only the effect of taxes on trading
B. The tendency to sell losers and hold winners
C. The tendency of investors to sell winning investments too early and hold losing investments too long
D. Perfectly rational realisation of gains and losses

Correct Answer: Option C


Explanation:
The disposition effect is the empirical regularity that investors are more likely to realise gains than losses, consistent with prospect-theory value functions and the reluctance to admit mistakes.

This question belongs to: Economy GK Economy Set 1
Question #3
The 'GST' regime has not subsumed which central tax?
A. Additional excise duty
B. Basic customs duty
C. Service tax
D. Special additional customs duty

Correct Answer: Option B


Explanation:
Basic customs duty remains outside GST.

This question belongs to: Economy GK Economy Set 1