Related Questions
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A very rapid growth in prices in which money loses its value to the point where even barter may be preferable is known as:
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The terms of economics, the recession occurring two times with a small gap in between is known as [Bank of India PO 2010]
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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
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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
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Minimum inflation in post economic reform was in :
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Rupee was devalued by what percent in July 1991 ? [MP PCS 1990]
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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:
A. 1, 2, 3, and 4 are correct
B. 1, 2 and 4 are correct
C. 1, 3 and 4 are correct
D. 2, 3 and 4 are correct
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The States' debt does not include:
A. loans from State Bank of India
B. loans from the Central Government
D. treasury bills issued to international financial institutions
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The period of high inflation and low economic growth is termed as: [RRB 1992]
B. take-off stage in economy
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The cause of inflation is:
A. increase in money supply
C. increase in money supply and fall in production
D. decrease in money supply and fall in production
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Black money is :
B. illegally earned money
C. money earned through underhand deals
D. income on which payment of tax is usually evaded
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Which of the following is/are treated as artificial currency? [IAS 2010]
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Which of the following mints undertakes refining of gold for licensed gold dealers and production of medals for defence services?
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Inflation implies: [Railways 1994]
A. rise in budget deficit
C. rise in general price index
D. rise in prices of consumer goods
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4
M1 includes:
B. demand deposit with bank
C. other deposits with RBI
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Which of the following groups suffer the most from inflation? [CPO SI 2003]
D. Holders of real assets
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Monetary policy is regulated by:
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Ten rupee notes bear the signature of:
C. Secretary, Ministry of Finance
D. Governor, Reserve Bank of India
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Inflation can be contained by:
C. reduction in public expenditure
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Consider the following statements about Wholesale Price Index (WPI) :
1. It captures the price movement extensively and is, therefore, taken as an indicator of inflation.
2. The office of the Economic adviser (OEA) is entrusted with the function of compilation and publication of the weekly wholesale price index number in India.
Which of the statements given above is/are correct? [CDS 2009]
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When was the decimal system of currency introduced in India?
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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
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4
M3 includes:
B. M1 + post office saving deposit
C. M1 +- post office total deposit
D. M1 + national saving certificate
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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 ?
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4
How many languages are used on a ten rupee note?
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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
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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
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Which of the following are definite implications of a fall in inflation?
1. Prices have fallen
2. Prices are increasing more slowly than before
3. Food supply has increased
4. There is industrial stagnation
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4
The inflation experienced in the country at present is:
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When was decimal coinage introduced in India? [CDS 2005]