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