Economy Set-3

No. of questions - 20

Time - 10 min

Negative marking : -0.25 mark

1. 
Which one of the following statements is an appropriate description of deflation?
2. 
Public Distribution System is aimed at
3. 
Which one of the following is not the problem of Small Scale Industries (SSIS)?
4. 
Who amongst the following benefits most from inflation?
5. 
Inflation is best described as
6. 
Small Scale and Cottage Industries are important because
7. 
The Concept of ‘Navratna’ is associated with
8. 
For measuring the changes in the price level of the country, which among the following index number is used?
9. 
Among the following, which one is related to Blue Revolution in India?
10. 
Which of the following price index number are used for calculation of Central Government employee wage compensation?
11. 
Which one of the following is the primary sector of India’s economy?
12. 
The most common measure of estimating inflation in India is
13. 
Which one of the following is NOT a method to control inflation?
14. 
Yellow Revolution is concerned with the production of
15. 
In India, inflation is measured by the
16. 
Economic growth is usually coupled with
17. 
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
18. 
Which is incorrect about inflation?
19. 
A rapid increase in the rate of inflation is sometimes attributed to the ‘base effect’. What ‘base effect’?
20. 
Inflation rate based on consumer price index increases if
21. 
As per Micro, Small and Medium Enterprises Development Act 2006, medium enterprises are defined as those with the investment of
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