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