Which of the following is a flow variable? MCQ with Answer and Explanation

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Which of the following is a flow variable?

A. GDP

B. Money supply

C. Capital stock

D. Wealth

Answer: Option A

Solution (By JKSSB Mock Tests)

GDP is measured over a period of time and is a flow variable.

This question belongs to: Economy GK Economy Set 1

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Question #1

The Lewis model of economic development is based on:

A. export-led growth

B. foreign aid

C. labour transfer from agriculture to industry

D. import substitution

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Correct Answer: Option C

Explanation:
The Lewis model explains development through transfer of surplus labour from traditional agriculture to modern industry.

This question belongs to: Economy GK Economy Set 1

Question #2

The 'National Investment and Manufacturing Zones' are part of which policy?

A. National Manufacturing Policy

B. Skill India

C. Digital India

D. Startup India

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Correct Answer: Option A

Explanation:
National Investment and Manufacturing Zones are part of the National Manufacturing Policy.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'National Cooperative Development Corporation' promotes:

A. cooperative societies across sectors

B. stock trading

C. imports

D. only banking

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Correct Answer: Option A

Explanation:
NCDC promotes cooperative societies in various sectors.

This question belongs to: Economy GK Economy Set 1

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