No. of questions - 20
Time - 10 min
Negative marking : -0.25 mark
1.
As per Micro, Small and Medium Enterprises Development Act 2006, medium enterprises are defined as those with the investment of
2.
Inflation is best described as
3.
Which is incorrect about inflation?
4.
Which one of the following is the primary sector of India’s economy?
5.
Among the following, which one is related to Blue Revolution in India?
6.
A rapid increase in the rate of inflation is sometimes attributed to the ‘base effect’. What ‘base effect’?
7.
Who amongst the following benefits most from inflation?
8.
The most common measure of estimating inflation in India is
9.
Economic growth is usually coupled with
10.
Which one of the following is not the problem of Small Scale Industries (SSIS)?
11.
Which one of the following is NOT a method to control inflation?
12.
Public Distribution System is aimed at
13.
Which one of the following statements is an appropriate description of deflation?
14.
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
15.
For measuring the changes in the price level of the country, which among the following index number is used?
16.
Small Scale and Cottage Industries are important because
17.
Yellow Revolution is concerned with the production of
18.
Inflation rate based on consumer price index increases if
19.
Which of the following price index number are used for calculation of Central Government employee wage compensation?
20.
In India, inflation is measured by the
21.
The Concept of ‘Navratna’ is associated with