Economy Set-3

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. 
Small Scale and Cottage Industries are important because
4. 
Who amongst the following benefits most from inflation?
5. 
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
6. 
Inflation rate based on consumer price index increases if
7. 
Which is incorrect about inflation?
8. 
Inflation is best described as
9. 
A rapid increase in the rate of inflation is sometimes attributed to the ‘base effect’. What ‘base effect’?
10. 
Economic growth is usually coupled with
11. 
Public Distribution System is aimed at
12. 
As per Micro, Small and Medium Enterprises Development Act 2006, medium enterprises are defined as those with the investment of
13. 
Which one of the following statements is an appropriate description of deflation?
14. 
Among the following, which one is related to Blue Revolution in India?
15. 
Which one of the following is NOT a method to control inflation?
16. 
The most common measure of estimating inflation in India is
17. 
Which one of the following is not the problem of Small Scale Industries (SSIS)?
18. 
Yellow Revolution is concerned with the production of
19. 
Which of the following price index number are used for calculation of Central Government employee wage compensation?
20. 
For measuring the changes in the price level of the country, which among the following index number is used?
21. 
In India, inflation is measured by the
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