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