Home
Current Affairs January 2024

What is the correct answer?

4

Minimum inflation in post economic reform was in :

A. 1999-2000

B. 2000-2001

C. 2001-2002

D. 2002-2003

Correct Answer :

A. 1999-2000


Related Questions

What is the correct answer?

4

An essential attribute of inflation is:

A. fall in production

B. increase in prices

C. absence of black market

D. presence of black market

What is the correct answer?

4

Which of the following measures should be taken when an economy is going through inflationary pressures?
1. The direct taxes should be increased.
2. The interest rate should be reduced.
3. The public spending should be increased
Select the correct answer using the code given below: [CDS 2012]

A. 1 only

B. 2 only

C. 2 and 3

D. 1 and 2

What is the correct answer?

4

Which of the following is incorrect about convertibility?

A. The exchange rate should be determined by the forces of demand and supply of the currency

B. The exchange rate' would indicate the strength of the economy

C. It would discourage black market transactions

D. The RBI will be a direct player now rather than being an indirect one

What is the correct answer?

4

Which of the following factors contributes to an inflationary trend?

A. 15% fall in production of industrial goods

B. 15% increase in prices of agricultural products

C. 15% increase in supply of money in the market

D. none of these

What is the correct answer?

4

The best means of saving during inflation is to keep:

A. money

B. Government Bonds

C. equity

D. time deposits with Banks

What is the correct answer?

4

The Indian Rupee is fully convertible:
1. In respect of Current Account of Balance of Payments
2. In respect of Capital Account of Balance of Payments
3. Into Gold
Which of these statements is/are correct ?

A. 1 only

B. 3 only

C. 1 and 2 only

D. 1, 2 and 3

What is the correct answer?

4

Who among the following are not protected against inflation.? [Railways 1992]

A. Salaried class

B. Industrial workers

C. Pensioners

D. Agricultural farmers

What is the correct answer?

4

Inflation implies: [Railways 1994]

A. rise in budget deficit

B. rise in money supply

C. rise in general price index

D. rise in prices of consumer goods

What is the correct answer?

4

Inflationary Gap is a situation characterized by:

A. excess of Aggregate Demand over Aggregate Supply at the full employment level

B. gap between Galloping Inflation and Runaway Inflation

C. Inflation coupled with recession

D. Inflation that usually prevails in a developing country

What is the correct answer?

4

Monetary policy is regulated by:

A. money lenders

B. Central Bank

C. private entrepreneurs

D. Government policy

What is the correct answer?

4

The period of high inflation and low economic growth is termed as: [RRB 1992]

A. stagnation

B. take-off stage in economy

C. stagflation

D. none of these

What is the correct answer?

4

In the last one decade, which one among the following sectors has attracted the highest Foreign Direct Investment inflows into India? [IAS 2004]

A. Chemicals other than fertilizers

B. Services sector

C. Food processing

D. Telecommunication

What is the correct answer?

4

Black money is :

A. counterfeit currency

B. illegally earned money

C. money earned through underhand deals

D. income on which payment of tax is usually evaded

What is the correct answer?

4

A high rate of inflation tends to worsen balance of payments because:

A. prices of imported goods rise

B. prices of exported goods rise making exports less competitive

C. prices of imported goods fall and hence more is imported

D. prices of exported goods fall and hence less amount is obtained in terms of foreign exchange

What is the correct answer?

4

Rising prices lead to all but one of the following:

A. promotion of inequalities

B. generation of black money

C. adverse effect on balance of payments

D. adverse effect on speculation

What is the correct answer?

4

When was the decimal system of currency introduced in India?

A. 1948

B. 1950

C. 1954

D. 1957

What is the correct answer?

4

Which of the following groups suffer the most from inflation? [CPO SI 2003]

A. Debtors

B. Creditors

C. Business class

D. Holders of real assets

What is the correct answer?

4

Amongst the currency quotes USD/JPY, USD/Euro and USD/CAD, which one of the following is referred as the base currency for quotes? [Punjab & Sindh Bank 2011]

A. USD

B. JPY

C. Euro

D. None of these

What is the correct answer?

4

Which of the following is/are treated as artificial currency? [IAS 2010]

A. ADR

B. GDR

C. SDR

D. Both ADR and SDR

What is the correct answer?

4

The inflation experienced in the country at present is:

A. galloping inflation

B. secondary inflation

C. unrealistic inflation

D. cost-push inflation

What is the correct answer?

4

Ten rupee notes bear the signature of:

A. President

B. Finance Minister

C. Secretary, Ministry of Finance

D. Governor, Reserve Bank of India

What is the correct answer?

4

Among the causes of inflation can be listed:
1. slow growth in agricultural output
2. increasing non-development expenditure of Government
3. rapid population growth
4. rapid growth in costly imports

A. 1 and 2

B. 2 and 3

C. 1, 2, 3 and 4

D. 1 and 4 only

What is the correct answer?

4

The States' debt does not include:

A. loans from State Bank of India

B. loans from the Central Government

C. Provident Funds

D. treasury bills issued to international financial institutions

What is the correct answer?

4

To meet the growing needs for coins in the country, where does the Government propose to set up another mint?

A. Nasik

B. Hoshangabad

C. Dewas

D. Noida

What is the correct answer?

4

Broad money in India is :

A. M1

B. M2

C. M3

D. M4

What is the correct answer?

4

When was decimal coinage introduced in India? [CDS 2005]

A. 1947

B. 1950

C. 1957

D. 1960

What is the correct answer?

4

Hard Currency is defined as currency:

A. which can hardly be used for international transactions

B. which is used in times of war

C. which loses its value very fast

D. traded in foreign exchange market for which demand is persistently relative to the supply

What is the correct answer?

4

Minimum inflation in post economic reform was in :

A. 1999-2000

B. 2000-2001

C. 2001-2002

D. 2002-2003

What is the correct answer?

4

Inflation is caused as a result of:

A. increase in money supply

B. fall in production

C. increase in money supply without a corresponding increase in production

D. decrease in money supply without a corresponding decrease in production

What is the correct answer?

4

Stagflation implies a case of: [CDS 1992]

A. galloping inflation

B. recession plus inflation

C. adverse balance of trade

D. rising wages and employment