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