SSC economy quiz 14

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1. The effect of inflation on tax revenue results in a situation known as :

 
 
 
 

2. Rupee was devalued by what percent in July 1991 ?

 
 
 
 

3. In the last one decade, which one among the following sectors has attracted the highest

 
 
 
 

4. Deficit financing creates additional paper currency to fill the gap between expenditure and revenue. This device aims at economic development but if it fails, it generates :

 
 
 
 

5. Under the Constitution, the power to raise and disburse public funds:

 
 
 
 

6. A steady increase in the general level of prices as a result of excessive increase in

 
 
 
 

7. A high rate of inflation tends to worsen balance of payments because:

 
 
 
 

8. Stagflation implies a case of:

 
 
 
 

9. Inflation can be contained by:

 
 
 
 

10. Rising prices lead to all but one of the following:

 
 
 
 

Question 1 of 10

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