A continuous rise in the price level is called [#1660]
| « | ! | ! | » |
Q1. A continuous rise in the price level is called
Q1. A continuous rise in the price level is called
(A) stagflation
(A) stagflation
(A) stagflation
(B) deflation
(B) deflation
(B) deflation
(C) hyperinflation
(C) hyperinflation
(C) hyperinflation
(D) inflation
(D) inflation
(D) inflation
Answer: (D) inflation
Answer: (D) inflation
Answer: (D) inflation
Inflation refers to a sustained increase in the general price level of goods and services in an economy over time. This means that, on average, things cost more today than they did in the past.
Stagflation is an economic situation where there is high inflation, slow economic growth, and high unemployment.
Deflation is a general decline in prices for goods and services, typically associated with a contraction in the supply of money and credit in the economy.
Hyperinflation is a rapid and extreme increase in the price of goods and services, which causes the value of a local currency to quickly erode.
Inflation refers to a sustained increase in the general price level of goods and services in an economy over time. This means that, on average, things cost more today than they did in the past. Stagflation is an economic situation where there is high inflation, slow economic growth, and high unemployment. Deflation is a general decline in prices for goods and services, typically associated with a contraction in the supply of money and credit in the economy. Hyperinflation is a rapid and extreme increase in the price of goods and services, which causes the value of a local currency to quickly erode.
Inflation refers to a sustained increase in the general price level of goods and services in an economy over time. This means that, on average, things cost more today than they did in the past. Stagflation is an economic situation where there is high inflation, slow economic growth, and high unemployment. Deflation is a general decline in prices for goods and services, typically associated with a contraction in the supply of money and credit in the economy. Hyperinflation is a rapid and extreme increase in the price of goods and services, which causes the value of a local currency to quickly erode.
*** Choose the correct option to show answer. (Choose the correct option to show answer.) Need help
Related MCQ Quizzes
Q1. The first bank established in Assam is?
Q1. The first bank established in Assam is?
(A) State Bank of India
(A) State Bank of India
(A) State Bank of India
(B) Bandhan Bank
(B) Bandhan Bank
(B) Bandhan Bank
(C) Lakhimi Bank
(C) Lakhimi Bank
(C) Lakhimi Bank
(D) Guwahati Bank
(D) Guwahati Bank
(D) Guwahati Bank
Answer: (D) Guwahati Bank
Answer: (D) Guwahati Bank
Answer: (D) Guwahati Bank
The first bank in Assam is The Gauhati Bank Ltd, which was incorporated on June 18, 1926.
The first bank in Assam is The Gauhati Bank Ltd, which was incorporated on June 18, 1926.
The first bank in Assam is The Gauhati Bank Ltd, which was incorporated on June 18, 1926.
*** Choose the correct option to show answer. (Choose the correct option to show answer.) Need help
Q2. Which social science studies the production, distribution and consumption of wealth?
Q2. Which social science studies the production, distribution and consumption of wealth?
(A) Commerce
(A) Commerce
(A) Commerce
(B) Economics
(B) Economics
(B) Economics
(C) Political Science
(C) Political Science
(C) Political Science
(D) Sociology
(D) Sociology
(D) Sociology
Answer: (B) Economics
Answer: (B) Economics
Answer: (B) Economics
Economics is the social science that studies the production, distribution, and consumption of goods and services, including wealth. Economics is divided into two classes, microeconomics and macroeconomics, and it directly affects everyday life.
Economics is primarily concerned with analyzing the choices that individuals, businesses, governments, and nations make to allocate limited resources. Economic models emerged from the broader field of political economy in the late 19th century.
Economics is the social science that studies the production, distribution, and consumption of goods and services, including wealth. Economics is divided into two classes, microeconomics and macroeconomics, and it directly affects everyday life. Economics is primarily concerned with analyzing the choices that individuals, businesses, governments, and nations make to allocate limited resources. Economic models emerged from the broader field of political economy in the late 19th century.
Economics is the social science that studies the production, distribution, and consumption of goods and services, including wealth. Economics is divided into two classes, microeconomics and macroeconomics, and it directly affects everyday life. Economics is primarily concerned with analyzing the choices that individuals, businesses, governments, and nations make to allocate limited resources. Economic models emerged from the broader field of political economy in the late 19th century.
*** Choose the correct option to show answer. (Choose the correct option to show answer.) Need help
Q3. What is the primary source of income in Assam's economy?
Q3. What is the primary source of income in Assam's economy?
(A) Agriculture
(A) Agriculture
(A) Agriculture
(B) Tourism
(B) Tourism
(B) Tourism
(C) Oil and Natural Gas
(C) Oil and Natural Gas
(C) Oil and Natural Gas
(D) Handicrafts
(D) Handicrafts
(D) Handicrafts
Answer: (A) Agriculture
Answer: (A) Agriculture
Answer: (A) Agriculture
Agriculture is the dominant sector in Assam's economy, employing a large portion of the workforce and contributing significantly to the state's revenue. The state is particularly famous for its tea production, but also cultivates rice, jute, sugarcane, oilseeds, and various fruits and vegetables. A large percentage of Assam's rural population relies on agriculture for their livelihoods. While other sectors are growing, agriculture remains the backbone of the state's economy.
Agriculture is the dominant sector in Assam's economy, employing a large portion of the workforce and contributing significantly to the state's revenue. The state is particularly famous for its tea production, but also cultivates rice, jute, sugarcane, oilseeds, and various fruits and vegetables. A large percentage of Assam's rural population relies on agriculture for their livelihoods. While other sectors are growing, agriculture remains the backbone of the state's economy.
Agriculture is the dominant sector in Assam's economy, employing a large portion of the workforce and contributing significantly to the state's revenue. The state is particularly famous for its tea production, but also cultivates rice, jute, sugarcane, oilseeds, and various fruits and vegetables. A large percentage of Assam's rural population relies on agriculture for their livelihoods. While other sectors are growing, agriculture remains the backbone of the state's economy.
*** Choose the correct option to show answer. (Choose the correct option to show answer.) Need help
Q4. Who is the author of the book "Principles of Economics"?
Q4. Who is the author of the book "Principles of Economics"?
(A) Adam Smith
(A) Adam Smith
(A) Adam Smith
(B) Alfred Marshall
(B) Alfred Marshall
(B) Alfred Marshall
(C) Lionell Robbins
(C) Lionell Robbins
(C) Lionell Robbins
(D) David Ricardo
(D) David Ricardo
(D) David Ricardo
Answer: (B) Alfred Marshall
Answer: (B) Alfred Marshall
Answer: (B) Alfred Marshall
Alfred Marshall (1842-1924) is the author of Principles of Economics, which was first published in 1890. Marshall was a British economist and a founder of the "neoclassical" school of economics. The book is considered to be Marshall's most influential work.
Alfred Marshall (1842-1924) is the author of Principles of Economics, which was first published in 1890. Marshall was a British economist and a founder of the "neoclassical" school of economics. The book is considered to be Marshall's most influential work.
Alfred Marshall (1842-1924) is the author of Principles of Economics, which was first published in 1890. Marshall was a British economist and a founder of the "neoclassical" school of economics. The book is considered to be Marshall's most influential work.
*** Choose the correct option to show answer. (Choose the correct option to show answer.) Need help
Q5. What is the term for the process by which the universe became transparent to light, approximately 380,000 years after the Big Bang?
Q5. What is the term for the process by which the universe became transparent to light, approximately 380,000 years after the Big Bang?
(A) Cosmic inflation
(A) Cosmic inflation
(A) Cosmic inflation
(B) Dark matter formation
(B) Dark matter formation
(B) Dark matter formation
(C) Recombination
(C) Recombination
(C) Recombination
(D) Galaxy formation
(D) Galaxy formation
(D) Galaxy formation
Answer: (C) Recombination
Answer: (C) Recombination
Answer: (C) Recombination
Recombination marks the point when the universe had cooled enough for electrons and protons to combine into neutral atoms, allowing photons to travel freely through space without being scattered by charged particles. This event, also known as the "era of recombination," occurred about 380,000 years after the Big Bang.
Recombination marks the point when the universe had cooled enough for electrons and protons to combine into neutral atoms, allowing photons to travel freely through space without being scattered by charged particles. This event, also known as the "era of recombination," occurred about 380,000 years after the Big Bang.
Recombination marks the point when the universe had cooled enough for electrons and protons to combine into neutral atoms, allowing photons to travel freely through space without being scattered by charged particles. This event, also known as the "era of recombination," occurred about 380,000 years after the Big Bang.
*** Choose the correct option to show answer. (Choose the correct option to show answer.) Need help
Q6. Which of the following Indian Economist won Nobel Prize in Economic Science?
Q6. Which of the following Indian Economist won Nobel Prize in Economic Science?
(A) Rabindranath Tagore
(A) Rabindranath Tagore
(A) Rabindranath Tagore
(B) C. V. Raman
(B) C. V. Raman
(B) C. V. Raman
(C) Arundhti Roy
(C) Arundhti Roy
(C) Arundhti Roy
(D) Amartya Sen
(D) Amartya Sen
(D) Amartya Sen
Answer: (D) Amartya Sen
Answer: (D) Amartya Sen
Answer: (D) Amartya Sen
Amartya Sen is the only Indian economist to win the Nobel Memorial Prize in Economic Sciences, which he received in 1998. Sen is known for his work on welfare economics, social choice theory, and development economics. He is also known for his interest in the problems of society's poorest members and his work on the causes of famine.
Amartya Sen is the only Indian economist to win the Nobel Memorial Prize in Economic Sciences, which he received in 1998. Sen is known for his work on welfare economics, social choice theory, and development economics. He is also known for his interest in the problems of society's poorest members and his work on the causes of famine.
Amartya Sen is the only Indian economist to win the Nobel Memorial Prize in Economic Sciences, which he received in 1998. Sen is known for his work on welfare economics, social choice theory, and development economics. He is also known for his interest in the problems of society's poorest members and his work on the causes of famine.
*** Choose the correct option to show answer. (Choose the correct option to show answer.) Need help
Q7. Inflation implies
Q7. Inflation implies
(A) Rise in budget deficit
(A) Rise in budget deficit
(A) Rise in budget deficit
(B) Rise in money supply
(B) Rise in money supply
(B) Rise in money supply
(C) Rise in general price index
(C) Rise in general price index
(C) Rise in general price index
(D) Rise in prices of consumer goods
(D) Rise in prices of consumer goods
(D) Rise in prices of consumer goods
Answer: (C) Rise in general price index
Answer: (C) Rise in general price index
Answer: (C) Rise in general price index
Rise in general price index
Rise in general price index
Rise in general price index
*** Choose the correct option to show answer. (Choose the correct option to show answer.) Need help
Q8. Which commodity has Assam exported the most of?
Q8. Which commodity has Assam exported the most of?
(A) Tea
(A) Tea
(A) Tea
(B) Coal
(B) Coal
(B) Coal
(C) Jute products
(C) Jute products
(C) Jute products
(D) Oil and petroleum products
(D) Oil and petroleum products
(D) Oil and petroleum products
Answer: (A) Tea
Answer: (A) Tea
Answer: (A) Tea
Assam is world-famous for its tea production, and tea is the state's most significant export commodity. Assam tea, known for its strong and malty flavor, is exported globally, contributing substantially to the state's economy. While other commodities like oil, jute, timber, and silk are also produced and exported from Assam, tea remains the dominant export.
Assam is world-famous for its tea production, and tea is the state's most significant export commodity. Assam tea, known for its strong and malty flavor, is exported globally, contributing substantially to the state's economy. While other commodities like oil, jute, timber, and silk are also produced and exported from Assam, tea remains the dominant export.
Assam is world-famous for its tea production, and tea is the state's most significant export commodity. Assam tea, known for its strong and malty flavor, is exported globally, contributing substantially to the state's economy. While other commodities like oil, jute, timber, and silk are also produced and exported from Assam, tea remains the dominant export.
*** Choose the correct option to show answer. (Choose the correct option to show answer.) Need help
Q9. Who is the author of the book "An Essay on the nature and Significance of Economic Science"?
Q9. Who is the author of the book "An Essay on the nature and Significance of Economic Science"?
(A) Adam Smith
(A) Adam Smith
(A) Adam Smith
(B) David Ricardo
(B) David Ricardo
(B) David Ricardo
(C) Alfred Marshall
(C) Alfred Marshall
(C) Alfred Marshall
(D) Lionell Robbins
(D) Lionell Robbins
(D) Lionell Robbins
Answer: (D) Lionell Robbins
Answer: (D) Lionell Robbins
Answer: (D) Lionell Robbins
Lionel Robbins is the author of An Essay on the Nature and Significance of Economic Science. The book was first published in 1932.
Lionel Robbins is the author of An Essay on the Nature and Significance of Economic Science. The book was first published in 1932.
Lionel Robbins is the author of An Essay on the Nature and Significance of Economic Science. The book was first published in 1932.
*** Choose the correct option to show answer. (Choose the correct option to show answer.) Need help
Q10. SEBI stands for
Q10. SEBI stands for
(A) Science and Engineering Board of India
(A) Science and Engineering Board of India
(A) Science and Engineering Board of India
(B) Securities and Exchange Board of India
(B) Securities and Exchange Board of India
(B) Securities and Exchange Board of India
(C) Social Equity Bureau of India
(C) Social Equity Bureau of India
(C) Social Equity Bureau of India
(D) Science and Educational Board of India
(D) Science and Educational Board of India
(D) Science and Educational Board of India
Answer: (B) Securities and Exchange Board of India
Answer: (B) Securities and Exchange Board of India
Answer: (B) Securities and Exchange Board of India
Securities and Exchange Board of India
Securities and Exchange Board of India
Securities and Exchange Board of India
*** Choose the correct option to show answer. (Choose the correct option to show answer.) Need help
Related Questions
1. India is2. Seasonal Unemployment is generally seen in which section of Economy?3. What is the major crop cultivated in the Brahmaputra Valley of Assam?4. Who is known as the father of Economics?5. An income which is not declared by a person or a group of persons in a nation is termed as?6. The concepts of wages, rent, interest and profit are studied under which branch of Economics?7. LPG (Liberalization, Privatization, Globalization) Reforms of Indian Economy took place in the year?8. The Assam Co-operative Apex Bank plays a crucial role in supporting which sector of the economy?9. A continuous rise in the price level is called10. Which economist is the author of the book "An Enquiry into the Nature and Cause of the Wealth of Nations"?11. Why is the Indus Valley civilization considered Non-Aryan?12. Who is called the Father of Modern Economics?