A continuous rise in the price level is called [#1660]
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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.
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Related MCQ Quizzes
Q1. Who is the author of the book "An Essay on the nature and Significance of Economic Science"?
Q1. 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.
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Q2. What is the primary source of income in Assam's economy?
Q2. 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.
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Q3. What is the major crop cultivated in the Brahmaputra Valley of Assam?
Q3. What is the major crop cultivated in the Brahmaputra Valley of Assam?
(A) Rice
(A) Rice
(A) Rice
(B) Wheat
(B) Wheat
(B) Wheat
(C) Cotton
(C) Cotton
(C) Cotton
(D) Sugarcane
(D) Sugarcane
(D) Sugarcane
Answer: (A) Rice
Answer: (A) Rice
Answer: (A) Rice
The major crop cultivated in the Brahmaputra Valley of Assam is rice (paddy).
The major crop cultivated in the Brahmaputra Valley of Assam is rice (paddy).
The major crop cultivated in the Brahmaputra Valley of Assam is rice (paddy).
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Q4. An income which is not declared by a person or a group of persons in a nation is termed as?
Q4. An income which is not declared by a person or a group of persons in a nation is termed as?
(A) High powered money
(A) High powered money
(A) High powered money
(B) Fiat money
(B) Fiat money
(B) Fiat money
(C) Hot money
(C) Hot money
(C) Hot money
(D) Black money
(D) Black money
(D) Black money
Answer: (D) Black money
Answer: (D) Black money
Answer: (D) Black money
Black money is income that is not declared by a person or group of people in a country. It is also known as "illegitimate" because it is not recognized for tax declaration.
Black money is income that is not declared by a person or group of people in a country. It is also known as "illegitimate" because it is not recognized for tax declaration.
Black money is income that is not declared by a person or group of people in a country. It is also known as "illegitimate" because it is not recognized for tax declaration.
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Q5. Inflation implies
Q5. 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
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Q6. The Assam Co-operative Apex Bank plays a crucial role in supporting which sector of the economy?
Q6. The Assam Co-operative Apex Bank plays a crucial role in supporting which sector of the economy?
(A) Agriculture
(A) Agriculture
(A) Agriculture
(B) Information Technology
(B) Information Technology
(B) Information Technology
(C) Tourism
(C) Tourism
(C) Tourism
(D) Heavy Industries
(D) Heavy Industries
(D) Heavy Industries
Answer: (A) Agriculture
Answer: (A) Agriculture
Answer: (A) Agriculture
The Assam Co-operative Apex Bank is a leading cooperative bank in Assam, primarily focused on providing financial assistance to the agricultural sector and allied activities. It plays a vital role in rural credit delivery, supporting farmers with loans for various agricultural purposes, including crop cultivation, livestock rearing, and development of irrigation infrastructure. The bank also supports other rural enterprises and contributes to the overall development of the rural economy in Assam.
The Assam Co-operative Apex Bank is a leading cooperative bank in Assam, primarily focused on providing financial assistance to the agricultural sector and allied activities. It plays a vital role in rural credit delivery, supporting farmers with loans for various agricultural purposes, including crop cultivation, livestock rearing, and development of irrigation infrastructure. The bank also supports other rural enterprises and contributes to the overall development of the rural economy in Assam.
The Assam Co-operative Apex Bank is a leading cooperative bank in Assam, primarily focused on providing financial assistance to the agricultural sector and allied activities. It plays a vital role in rural credit delivery, supporting farmers with loans for various agricultural purposes, including crop cultivation, livestock rearing, and development of irrigation infrastructure. The bank also supports other rural enterprises and contributes to the overall development of the rural economy in Assam.
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Q7. SEBI stands for
Q7. 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
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Q8. Seasonal Unemployment is generally seen in which section of Economy?
Q8. Seasonal Unemployment is generally seen in which section of Economy?
(A) Industrial Sector
(A) Industrial Sector
(A) Industrial Sector
(B) Service Sector
(B) Service Sector
(B) Service Sector
(C) Agriculture Sector
(C) Agriculture Sector
(C) Agriculture Sector
(D) Business Sector
(D) Business Sector
(D) Business Sector
Answer: (C) Agriculture Sector
Answer: (C) Agriculture Sector
Answer: (C) Agriculture Sector
Seasonal unemployment is a common occurrence in the agricultural sector. This is because agricultural activities are season-specific, with more work available in some months than others.
Seasonal unemployment can also occur in other sectors, such as ice-cream factories and woollen factories. It can also affect people working in jobs that support outdoor activities during mild weather, but disappear during colder, stormy seasons.
Seasonal unemployment is a common occurrence in the agricultural sector. This is because agricultural activities are season-specific, with more work available in some months than others. Seasonal unemployment can also occur in other sectors, such as ice-cream factories and woollen factories. It can also affect people working in jobs that support outdoor activities during mild weather, but disappear during colder, stormy seasons.
Seasonal unemployment is a common occurrence in the agricultural sector. This is because agricultural activities are season-specific, with more work available in some months than others. Seasonal unemployment can also occur in other sectors, such as ice-cream factories and woollen factories. It can also affect people working in jobs that support outdoor activities during mild weather, but disappear during colder, stormy seasons.
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Q9. Why is the Indus Valley civilization considered Non-Aryan?
Q9. Why is the Indus Valley civilization considered Non-Aryan?
(A) It had its own script
(A) It had its own script
(A) It had its own script
(B) It was an Urban civilization
(B) It was an Urban civilization
(B) It was an Urban civilization
(C) It extended up to the Narmada valley
(C) It extended up to the Narmada valley
(C) It extended up to the Narmada valley
(D) It had an agricultural economy
(D) It had an agricultural economy
(D) It had an agricultural economy
Answer: (B) It was an Urban civilization
Answer: (B) It was an Urban civilization
Answer: (B) It was an Urban civilization
The Indus Valley Civilization was Non-Aryan because it was Urban. Harappan Civilization is also known as The Indus Valley Civilisation. It was a Bronze Age civilisation mainly in the northwestern regions of South Asia, extending from what today is northeast Afghanistan to Pakistan and northwest India.
The Indus Valley Civilization was Non-Aryan because it was Urban. Harappan Civilization is also known as The Indus Valley Civilisation. It was a Bronze Age civilisation mainly in the northwestern regions of South Asia, extending from what today is northeast Afghanistan to Pakistan and northwest India.
The Indus Valley Civilization was Non-Aryan because it was Urban. Harappan Civilization is also known as The Indus Valley Civilisation. It was a Bronze Age civilisation mainly in the northwestern regions of South Asia, extending from what today is northeast Afghanistan to Pakistan and northwest India.
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Q10. Which of the following Indian Economist won Nobel Prize in Economic Science?
Q10. 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.
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Related Questions
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