Which of the following is NOT a maturity period for Treasury bills in India? MCQ with Answer and Explanation

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Which of the following is NOT a maturity period for Treasury bills in India?

A. 91 days

B. 730 days

C. 182 days

D. 364 days

Answer: Option B

Solution (By JKSSB Mock Tests)

Treasury bills in India are issued for 91, 182 and 364 days.

This question belongs to: Economy GK Economy Set 1

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The 'Dutch disease' term was coined after the discovery of natural gas in:

A. Norway

B. Netherlands

C. United Kingdom

D. Australia

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Correct Answer: Option B

Explanation:
Dutch disease was named after the effects of natural gas discoveries in the Netherlands.

This question belongs to: Economy GK Economy Set 1

Question #2

The concept of 'Stranded Assets' in the energy transition refers to:

A. Only financial assets unrelated to the real economy

B. Assets that suffer unanticipated write-downs or devaluations because of climate-related risks and the shift to a low-carbon economy

C. Only newly created green assets

D. Only fully depreciated assets

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Correct Answer: Option B

Explanation:
Stranded assets are those that lose economic value prematurely as a result of changes associated with the energy transition, such as policy shifts, technological change or shifts in demand away from fossil fuels.

This question belongs to: Economy GK Economy Set 1

Question #3

Which of the following is a primary function of money?

A. Unit of account

B. Standard of deferred payments

C. Store of value

D. Medium of exchange

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Correct Answer: Option D

Explanation:
The primary function of money is to act as a medium of exchange.

This question belongs to: Economy GK Economy Set 1

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