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