Which of the following is NOT a type of public debt? MCQ with Answer and Explanation

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Which of the following is NOT a type of public debt?

A. Tax revenue

B. Internal debt

C. Market borrowings

D. External debt

Answer: Option A

Solution (By JKSSB Mock Tests)

Tax revenue is a receipt, not debt. Public debt includes internal debt (market borrowings, treasury bills) and external debt.

This question belongs to: Economy GK Economy Set 1

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Question #1

The 'Saubhagya' scheme is implemented by which ministry?

A. Ministry of Rural Development

B. Ministry of Petroleum

C. Ministry of Housing

D. Ministry of Power

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Correct Answer: Option D

Explanation:
Saubhagya scheme is implemented by the Ministry of Power.

This question belongs to: Economy GK Economy Set 1

Question #2

The 'e-way bill' validity is based on:

A. distance to be travelled

B. type of vehicle

C. number of goods

D. value of goods

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Correct Answer: Option A

Explanation:
E-way bill validity depends on the distance of movement.

This question belongs to: Economy GK Economy Set 1

Question #3

The concept of 'Algorithmic Transparency' refers to:

A. The degree to which the functioning, criteria and effects of algorithms used by platforms or public authorities can be understood and scrutinised

B. The complete secrecy of all algorithms

C. Only the source code of open-source software

D. Only human decision-making without algorithms

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Correct Answer: Option A

Explanation:
Algorithmic transparency concerns the extent to which the logic, data and outcomes of algorithmic systems are open to inspection, explanation and accountability by users, regulators or the public.

This question belongs to: Economy GK Economy Set 1

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