SSC economy quiz 13 September 22, 2018 September 22, 2018 Please enter your email: 1. The period of high inflation and low economic growth is termed as: stagflation stagnation take-off stage in economy none of these 2. Inflation implies: rise in prices of consumer goods rise in money supply rise in budget deficit rise in general price index 3. An essential attribute of inflation is: increase in prices fall in production absence of black market presence of black market 4. The best means of saving during inflation is to keep: time deposits with Banks Government Bonds equity money 5. The States’ debt does not include: loans from State Bank of India Provident Funds loans from the Central Government treasury bills issued to international financial institutions 6. Which of the following factors contributes to an inflationary trend? 15% increase in supply of money in the market 15% increase in prices of agricultural products none of these 15% fall in production of industrial goods 7. Who among the following are not protected against inflation.? Agricultural farmers Pensioners Salaried class Industrial workers 8. Which of the following can be used for checking inflation temporarily? None of the above Decrease in money supply Increase in wages Decrease in taxes 9. Hard Currency is defined as currency: which is used in times of war traded in foreign exchange market for which demand is persistently relative to the supply which loses its value very fast which can hardly be used for international transactions 10. The situation with increasing unemployment and inflation is termed as: galloping inflation reflation hyperinflation stagflation Loading … Question 1 of 10 Share this:WhatsAppTelegramTweet Related
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