📊 Economic
Q. Inflation brings most benefit to which one of the following ?
  • (A) Government pensioners
  • (B) Creditors
  • (C) Savings Bank Account holders
  • (D) Debtors
💬 Discuss
✅ Correct Answer: (D) Debtors
📊 Economic
Q. Inflation is mostly harmful to which one of the following ?
  • (A) Debtors
  • (B) Creditors
  • (C) Business class
  • (D) Holder of real assets
💬 Discuss
✅ Correct Answer: (B) Creditors
📊 Economic
Q. Which is correct with respect to inflation ?
  • (A) rise in budgets deficit
  • (B) rise in money supply
  • (C) rise in general price index
  • (D) rise in prices of consumer goods
💬 Discuss
✅ Correct Answer: (C) rise in general price index
📊 Economic
Q. Increasing unemployment and inflation is a situation of :
  • (A) hyperinflation
  • (B) galloping inflation
  • (C) stagflation
  • (D) reflation
💬 Discuss
✅ Correct Answer: (C) stagflation
📊 Economic
Q. Who among the following are not protected against inflation ?
  • (A) Salaried class
  • (B) Industrial workers
  • (C) Pensioners
  • (D) Agricultural farmers
💬 Discuss
✅ Correct Answer: (D) Agricultural farmers
📊 Economic
Q. The period of high inflation, low economic growth and high unemployment is termed as
  • (A) stagnation
  • (B) take-off stage in economy
  • (C) stagflation
  • (D) none of these
💬 Discuss
✅ Correct Answer: (C) stagflation
📊 Economic
Q. Stagflation implies a case of :
  • (A) galloping inflation
  • (B) recession plus inflation
  • (C) adverse balance of trade
  • (D) rising wages and employment
💬 Discuss
✅ Correct Answer: (B) recession plus inflation
📊 Economic
Q. Deficit financing aims to put more money into the economy by creating additional paper currency to fill the gap between expenditure and revenue. The device aims at economic development but if it fails, it generates :
  • (A) inflation
  • (B) devaluation
  • (C) deflation
  • (D) demonetisation
💬 Discuss
✅ Correct Answer: (A) inflation
📊 Economic
Q. A steady increase in the general level of prices as a result the aggregate demand is increasing in unsustainable rate as compared to aggregate supply is termed as :
  • (A) demand-pull inflation
  • (B) cost-push inflation
  • (C) stagflation
  • (D) structural inflation
💬 Discuss
✅ Correct Answer: (A) demand-pull inflation
📊 Politics
Q. All children between the age of six years to the age of 14 have the right to education?
  • (A) Fundamental Rights
  • (B) Power of Director of Policy
  • (C) Statutory Rights
  • (D) none of these
💬 Discuss
✅ Correct Answer: (A) Fundamental Rights

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