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