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