Table of Contents
Indian Economy Mcq Questions
1. Inflation is the _______ rise in the level of prices.
(a) Sustained
(b) Persistent
(c) General
(d) All of the above
2. If the prices are falling over a period of time it is called _________.
(a) Inflation
(b) Deflation
(c) Disinflation
(d) Both (b) & (C)
3. Rate of inflation is measured on ______ basis.
(a) WPI
(b) CPI
(c) NPI
(d) (a) and (b)
4. CPI stands for _______ .
(a) Customer Price Index.
(b) Consumer Price Index.
(c) Calculated Price Index.
(d) Combined Price Index.
5. Inflation rate shows up in ______ form.
(a) %
(b) Digits
(c) (a)& (b)
(d) Decimals
6. For calculating inflation are _______ year is selected :
(a) Base
(b) Previous
(c) Current
(d) Next
7. Inflation is measured _____ .
(e) One to one
(f) Point to point
(g) Person to person
(h) Company to company
8. Inflation occurs when prices of _______ goods have gone up .
(a) One
(b) Most
(c) Individual
(d) All of the above
9. ‘Demand full inflation’ concept was given by :
(a) Keynesian
(b) Kaul marx
(c) Pigou
(d) Shapiro
10. If there is increase in prices, due to increase in factor input costs, it is called ______ inflation.
(a) Demand pull
(b) Cost-push
(c) Galloping
(d) None of the above.
ANSWERS:
- d
- d
- d
- b
- c
- a
- b
- b
- a
- b
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