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.
Which one of the following is not the problem of Small Scale Industries (SSIS)?
3.
Which one of the following statements is an appropriate description of deflation?
4.
In India, inflation is measured by the
5.
Which is incorrect about inflation?
6.
As per Micro, Small and Medium Enterprises Development Act 2006, medium enterprises are defined as those with the investment of
7.
For measuring the changes in the price level of the country, which among the following index number is used?
8.
Small Scale and Cottage Industries are important because
9.
The most common measure of estimating inflation in India is
10.
Economic growth is usually coupled with
11.
A rapid increase in the rate of inflation is sometimes attributed to the ‘base effect’. What ‘base effect’?
12.
Which of the following price index number are used for calculation of Central Government employee wage compensation?
13.
Among the following, which one is related to Blue Revolution in India?
14.
Yellow Revolution is concerned with the production of
15.
Which one of the following is NOT a method to control inflation?
16.
Who amongst the following benefits most from inflation?
17.
The Concept of ‘Navratna’ is associated with
18.
Inflation is best described as
19.
Public Distribution System is aimed at
20.
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
21.
Inflation rate based on consumer price index increases if
