Economy Set-3

No. of questions - 20

Time - 10 min

Negative marking : -0.25 mark

1. 
Which one of the following is the primary sector of India’s economy?
2. 
Which one of the following is NOT a method to control inflation?
3. 
The Concept of ‘Navratna’ is associated with
4. 
Which of the following price index number are used for calculation of Central Government employee wage compensation?
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. 
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
8. 
Small Scale and Cottage Industries are important because
9. 
Inflation rate based on consumer price index increases if
10. 
Which one of the following statements is an appropriate description of deflation?
11. 
The most common measure of estimating inflation in India is
12. 
Public Distribution System is aimed at
13. 
Economic growth is usually coupled with
14. 
In India, inflation is measured by the
15. 
Yellow Revolution is concerned with the production of
16. 
Among the following, which one is related to Blue Revolution in India?
17. 
Which one of the following is not the problem of Small Scale Industries (SSIS)?
18. 
A rapid increase in the rate of inflation is sometimes attributed to the ‘base effect’. What ‘base effect’?
19. 
Who amongst the following benefits most from inflation?
20. 
For measuring the changes in the price level of the country, which among the following index number is used?
21. 
Inflation is best described as
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