Currency and Inflation MCQ Question with Answer

Question No : 15
A steady increase in the general level of prices as a result of excessive increase in aggregate demand as compared to aggregate supply is termed as : [CDS 1999]

Question No : 16
The Issue Department of the RBI maintains a _______ against printing of notes:

Question No : 17
There are three major groups of commodities in the Wholesale Price Index. These are:
1. primary articles
2. fuel, power, light and lubricants
3. manufactured products
4. food articles and industrial raw materials

Question No : 18
Consider the following statement:
The price of any currency in international market is determined by the:
1. WTO
2. Demand for goods/services provided by the country concerned
3. Inflation differential between the country concerned and its major trading partners
4. Stability of the government of the concerned country
Of these statements:

Question No : 19
When was decimal coinage introduced in India? [CDS 2005]

Question No : 20
Of the various ways of financing government's investment expenditure, the least inflationary is : [PCS 1994]

Question No : 21
The period of high inflation and low economic growth is termed as: [RRB 1992]