Related Questions
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
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
Convertibility of the rupee implies: [IAS 1994]
A. being able to convert rupee notes into gold
B. freely permitting the conversion of rupee to other major currencies and vice versa
C. allowing the value of the rupee to be fixed by market forces
D. developing an international market for currencies in India
What is the correct answer?
4
The sum of which of the following constitutes Broad Money in India? [IAS 1997]
1. Currency with the public
2. Demand deposits with banks
3. Time deposits with banks
4. Other deposits with RBI
Choose the correct answer using the codes given below:
What is the correct answer?
4
Consider the following statements:
Full convertibility of the rupee may mean: [IAS 2002]
1. its free float with other international currencies.
2. its direct exchange with any other international currency at any prescribed place inside and outside the country.
3. it acts just like any other international currency.
Which of these statements are correct?
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
Which of the following prints currency notes of the denomination of Rs. 100?
A. The Bank Note Press, Dewas
B. The Indian Security Press, Nasik Road
C. The Security Printing Press, Hyderabad
What is the correct answer?
4
Inflation implies: [Railways 1994]
A. rise in budget deficit
C. rise in general price index
D. rise in prices of consumer goods
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 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
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
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
How many languages are used on a ten rupee note?
What is the correct answer?
4
When was the decimal system of currency introduced in India?
What is the correct answer?
4
Black money is :
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
The situation with increasing unemployment and inflation is termed as: [CPO AC 2003]
What is the correct answer?
4
Which of the following groups suffer the most from inflation? [CPO SI 2003]
D. Holders of real assets
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]
What is the correct answer?
4
Which of the following is/are treated as artificial currency? [IAS 2010]
What is the correct answer?
4
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
What is the correct answer?
4
Inflation can be contained by:
C. reduction in public expenditure
What is the correct answer?
4
Consider the following statements:
The price of any currency in international market is decided by the [IAS 1998]
1. World Bank
2. Demand for goods/services provided by the country concerned
3. stability of the government of the concerned country
4. economic potential of the country in question
Of these statements:
A. 1, 2, 3 and 4 are correct
What is the correct answer?
4
Rupee was devalued by what percent in July 1991 ? [MP PCS 1990]
What is the correct answer?
4
The terms of economics, the recession occurring two times with a small gap in between is known as [Bank of India PO 2010]
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
Monetary policy is regulated by:
What is the correct answer?
4
The inflation experienced in the country at present is:
What is the correct answer?
4
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
What is the correct answer?
4
Stagflation implies a case of: [CDS 1992]
B. recession plus inflation
C. adverse balance of trade
D. rising wages and employment
What is the correct answer?
4
Inflation is caused as a result of:
A. increase in money supply
C. increase in money supply without a corresponding increase in production
D. decrease in money supply without a corresponding decrease in production