UPSC CDS/OTA
Inflation
General Studies
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Inflation

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Questions
30
Time
30 min
Marks
30
Solutions
All inline
Q1Which of the following best defines 'Core Inflation'?MediumSolve →Q2Consider the following statements: 1. Demand-pull inflation occurs when aggregate demand exceeds aggregate supply. 2. Cost-push inflation is caused by an increase in production costs. Which of the above is/are correct?MediumSolve →Q3Which index is used by the RBI to anchor its monetary policy framework?MediumSolve →Q4Which of these are components of the WPI? 1. Primary Articles 2. Fuel & Power 3. Manufactured Products Select the correct answer:MediumSolve →Q5The ‘Phillips Curve’ illustrates the relationship between:MediumSolve →Q6Consider the following statements about ‘Stagflation’: 1. It is a situation of low growth and high inflation. 2. It is often accompanied by high unemployment. Which is/are correct?MediumSolve →Q7Headline Inflation generally refers to:MediumSolve →Q8In India, which index is most relevant for wage negotiations and DA adjustments?MediumSolve →Q9‘Built-in Inflation’ refers to:MediumSolve →Q10Which of the following can be an effect of hyperinflation? 1. Currency losing its value rapidly 2. Increase in real income 3. Erosion of savings Select the correct answer:MediumSolve →
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