1). The cause of inflation is :
A). increase in money supply |
B). fall in production |
C). increase in money supply and fall in production |
D). decrease I money supply and fall in production |
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2). Who among the following is most benefitted from inflation?
A). Government pensioners |
B). Creditors |
C). Savings Bank Account holders |
D). Debtors |
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3). Which of the following groups suffer the most from inflation?
A). Debtors |
B). Creditors |
C). Business class |
D). Holders of real assets |
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4). Minimum inflation in post economic reform was in :
A). 1999-2000 |
B). 2000-01 |
C). 2001-02 |
D). 2002-03 |
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5). Inflation implies :
A). rise in budget deficit |
B). rise in money supply |
C). rise in general price index |
D). rise in prices of consumer goods |
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6). The situation with increasing unemployment and inflation is termed as :
A). hyperinflation |
B). galloping inflation |
C). stag inflation |
D). reflation |
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7). 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 |
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8). Which of the following can be used for checking inflation temporarily?
A). Increase in wages |
B). Decrease in money supply |
C). Decrease in taxes |
D). None of these |
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9). Who among the following are not protected against inflation?
A). Salaried class |
B). Industrial workers |
C). Pensioners |
D). Agricultural farmers |
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10). An essential attribute of inflation is :
A). fall in production |
B). increase in prices |
C). absence of black market |
D). presence of black market |
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