SSC economy quiz 14

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

 
 
 
 

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

 
 
 
 

3. 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 :

 
 
 
 

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

 
 
 
 

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

 
 
 
 

6. Inflation can be contained by:

 
 
 
 

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

 
 
 
 

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

 
 
 
 

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

 
 
 
 

10. Stagflation implies a case of:

 
 
 
 

Question 1 of 10

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