No. of questions - 20
Time - 10 min
Negative marking : -0.25 mark
1.
Which one of the following is the primary sector of India’s economy?
2.
The Concept of ‘Navratna’ is associated with
3.
In India, inflation is measured by the
4.
Who amongst the following benefits most from inflation?
5.
As per Micro, Small and Medium Enterprises Development Act 2006, medium enterprises are defined as those with the investment of
6.
Small Scale and Cottage Industries are important because
7.
Yellow Revolution is concerned with the production of
8.
Among the following, which one is related to Blue Revolution in India?
9.
The most common measure of estimating inflation in India is
10.
For measuring the changes in the price level of the country, which among the following index number is used?
11.
Public Distribution System is aimed at
12.
Which one of the following statements is an appropriate description of deflation?
13.
Which of the following price index number are used for calculation of Central Government employee wage compensation?
14.
Which is incorrect about inflation?
15.
Economic growth is usually coupled with
16.
A rapid increase in the rate of inflation is sometimes attributed to the ‘base effect’. What ‘base effect’?
17.
An expression coined by economists to describe an economy that is growing at such a slow pace that more jobs are being lost than are being added
18.
Which one of the following is not the problem of Small Scale Industries (SSIS)?
19.
Inflation is best described as
20.
Inflation rate based on consumer price index increases if
21.
Which one of the following is NOT a method to control inflation?
