The 'World Intellectual Property Organization' is based in: MCQ with Answer and Explanation

The 'World Intellectual Property Organization' is based in:
A. Vienna
B. Paris
C. New York
D. Geneva
Answer: Option D
Solution (By JKSSB Mock Tests)
WIPO is headquartered in Geneva.

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Practice More Economy Set 1 Questions

Question #1
The 'Code on Social Security' was passed in which year?
A. 2022
B. 2021
C. 2019
D. 2020

Correct Answer: Option D


Explanation:
The Code on Social Security was passed in 2020.

This question belongs to: Economy GK Economy Set 1
Question #2
The 'intermediate consumption' in national accounting refers to:
A. final goods bought by households
B. export goods
C. goods and services used up in production
D. capital goods

Correct Answer: Option C


Explanation:
Intermediate consumption is the value of goods and services used as inputs in production.

This question belongs to: Economy GK Economy Set 1
Question #3
Which of the following is a capital receipt in the government budget?
A. Dividends from public sector enterprises
B. Tax revenue
C. Borrowings
D. Interest receipts

Correct Answer: Option C


Explanation:
Capital receipts create liability or reduce assets. Borrowings create a liability for the government and are therefore capital receipts. Tax revenue, interest receipts and dividends are revenue receipts.

This question belongs to: Economy GK Economy Set 1