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  • Question
  • The rate of inflation increases when the purchasing powerof money___________ .


  • Options
  • A. Decreases
  • B. Increases
  • C. Stable
  • D. Decrease just half

  • Correct Answer
  • Decreases 

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    • 1. If the rupee depreciates, how the exporters are affected?

    • Options
    • A. They are unaffected
    • B. They are in loss
    • C. They are in profit
    • D. They get credit crunch
    • Discuss
    • 2. When was Consumer Protection Act (COPRA) passed?

    • Options
    • A. 1984
    • B. 1980
    • C. 1986
    • D. 1995
    • Discuss
    • 3. Income and consumption are ___________.

    • Options
    • A. directly related
    • B. partially related
    • C. inversely related
    • D. unrelated
    • Discuss
    • 4. Which of the following is not true regard to Goods and Services Tax (GST) ?

    • Options
    • A. It will replace luxury tax
    • B. It is a direct tax
    • C. It will replace multiple taxes on a product or service
    • D. It is an indirect tax
    • Discuss
    • 5. Administered prices refer to
    • Discuss
    • 6. For the buying and selling of precious metals such as Goldand Silver, the market established is termed as ________ .

    • Options
    • A. Capital Market
    • B. Money Market
    • C. Bullion Market
    • D. wholesale cash market
    • Discuss
    • 7. Which among the following is the difference in valuebetween a countrys imports and exports?

    • Options
    • A. Balance of Trade
    • B. Balance of Payment
    • C. Balance of power
    • D. Credit Balance
    • Discuss
    • 8. The term 'Zero Based Budgeting' refers to __________.

    • Options
    • A. A specified sum of money authorized by the Legislaturefor a specific period of time
    • B. To ensure that every rupee spent is result oriented
    • C. A statutorily mandated form of reimbursement or up-front payment for state expenditures
    • D. A cost item for which payment is made by one stateagency to another
    • Discuss
    • 9. Find the similarity among the following: Makar Sankranthi, Pongal, Lohri, Baisakhi

    • Options
    • A. All are festivals of North India
    • B. All are names of harvest festivals
    • C. All are festivals celebrated in the month of January
    • D. There is no similarity at all
    • Discuss
    • 10. Which of the following gulf countries has announced to form new economic and partnership group named 'Joint Cooperation Committee' inDecember 2017?

    • Options
    • A. UAE and Saudi Arabia
    • B. Qatar and UAE
    • C. Bahrain and Kuwait
    • D. Oman and Saudi Arabia
    • Discuss


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