Current Questions
Economy Concepts :
Price Monitoring And Research Unit
Which among the following became the first state to set up a Price Monitoring and Research Unit (PMRU) to track violation of prices of essential drugs and medical devices?
| A |
Kerala
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| B |
Andhra Pradesh
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| C |
Tamil Nadu
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| D |
West Bengal
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Fiscal Stimulus
Some economists are of the view that Government has provided the much needed ‘Fiscal Stimulus’ to the economy. Which among the following initiatives will constitute the Fiscal Stimulus to the economy?
- Reducing the taxes on products to boost consumption.
- Government starts spending more.
- RBI decreases its CRR.
Choose the correct answer from the code given below:
| A |
1, 2 and 3 only
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| B |
2 and 3 only
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| C |
1 and 2 only
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| D |
1 only
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Operating Ratio
Consider the following statements vis-à-vis Operating Ratio:
- Higher the value of operating ratio, more efficient the organization is.
- Railway has decided to improve its operating ratio from 95% in 2017-18 to 98% in 2018-19.
Choose the correct answer from the code given below:
| A |
Only 1
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| B |
Only 2
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| C |
Both 1 and 2
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| D |
Neither 1 nor 2
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FDI & FII
Consider the following statements:
- Huge inflow of FDI will lead to depreciation of currency in India.
- Outflow of FIIs (Foreign Institution Investors) will lead to appreciation of currency.
Choose the correct answer from the code given below:
| A |
Only 1
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| B |
Only 2
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| C |
Both 1 and 2
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| D |
Neither 1 nor 2
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Measuring Inflation
Choose the correct statement(s):
- Consumer Price Index (CPI) is released quarterly by the Central Statistical Office (CSO).
- Wholesale Price Index (WPI) is also called as Headline Inflation.
- WPI caters to commodity inflation better.
Select the correct answer using the code given below:
| A |
I & II only
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| B |
III only
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| C |
I & III only
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| D |
None of these
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Inflation
Which of the following are the cost push factors of inflation?
- Increase in income of workers i.e. salary increase
- High Fiscal Deficit
- Uncertain weather conditions
- Increase in population
Select the correct answer using the code given below:
| A |
I, II, IV
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| B |
I, III, IV
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| C |
II, III, IV
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| D |
I, II, III
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GDP Deflator
Consider the following statements with respect to GDP Deflator:
- GDP Deflator is better indicator to capture inflation compared to Consumer Price Index (CPI)
- GDP Deflator details are released annually with the GDP estimates
Select the correct answer using the code given below:
| A |
Only I
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| B |
Only II
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| C |
Both II and II
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| D |
None
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