Economy MCQ Part-2

Welcome to your Economy MCQ Part- 2

1. Which is not a tool for measures Inflation?

CCR

SLR

Open Market Operation

Open Inflation

2. Which tool use to measure Inflation by Government?

SLR

Repo Rate

Tax Rate

Credit Control

3.What is the base year of CPI of Industrial Workers?

2012

2016

2018

None of these

4.Which Organization is publish the Consumer Price Index ?

Ministry of Labour

CSO

Ministry of Finance

None of the above

5. Sumitra Chaudhary Committee is related to ?

CPI

WPI

Inflation

CRR

6.When was first WPI published in India?

1935

2012

1942

1947

7. What is the meaning of Inflation?

Consistent decreases in the average price of goods and services over period of time.

Consistent increase of the average price of goods and services over a period of time.

Increase the price of tomato

None of the above

8. What is correct definition of hyper inflation?

Rapid increase in the general price level.

Increase in the general price is up to 4% in year.

Out of control general price increase in an economy

None of the above

9.Which is not a types of Inflation?

Creeping Inflation

Trotting Inflation

Running Inflation

None of the above

10. Which is not a factor for Cost push Inflation

Increase Wage

Increase profits margin of the firms

Increase in the price of raw materials

Government reduce the tax

History MCQ part-1

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