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