Question No. 1
“A graphic curve which advocates a relationship between inflation and unemployment in an economy”- describes which of the following?
Question No. 2
“Fiscal Stimulus” is provided to different sectors of an economy to promote the growth. Which of the following measure (s) is/are constitutes fiscal stimulus?
1. Lowering interest rates
2. Tax rebates
3. Export subsidies
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Question No. 3
A graph showing the degree of inequality in income and wealth in a given population or an economy – describes which of the following?
Question No. 4
Consider the following statements regarding the traits of “recession”:
1. General rise in demand.
2. Inflation remains higher and no signs of going down.
3. Employment rate falls.
Which of the statements above given is/are correct?
Question No. 5
The concept which shows relationship between inflation and the interest rate, expressed by an equation – formulated by which of the following?
Question No. 6
The government of India in June 2019 set up a working group to revise the current series of Wholesale Price Index (WPI) and devise a new Producer Price Index (PPI). The group is headed by which of the following?
Question No. 7
Which of the following organization conducts the “Periodic Labour Force Surveys (PLFS)”?
Question No. 8
Which of the following pair (s) is/are correctly matched?
1. Index:Base Year
1. Wholesale price index:2014-15
2. Consumer price index:2004-05
3. Gross Domestic Product:2011-12
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Question No. 9
Which one among the following items has least weight in wholesale price index (WPI)?
Question No. 10
With reference to the “effects of inflation”, which of the following statements is/are correct?
1. Borrowers suffer and lenders benefit out of inflation.
2. Rising inflation indicates rising aggregate demand.
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