www.ThinkITI.com

Home
MCQ
Search
Free Apps
Important
Study Groups
Contact Us
Policy

Home
MCQ
Objective Questions
GK
GK Set-1
Economics
Indian Economics
5

Indian Economics MCQ (GK Set-1) with Answers

5) Increasing unemployment and inflation is situation of :

hyperinflation

galloping inflation

stagflation

reflation

Answer is:

stagflation

Indian Economics MCQ (GK Set-1) with Answers

For more MCQ's Click Here

Related Indian Economics MCQ (GK Set-1) with Answers

6) Who among the following are not protected against inflation ?

Salaried class

Industrial workers

Pensioners

Agricultural farmers

Answer is:

Agricultural farmers

7) The period of high inflation, low economic growth and high unemployment is termed as :

stagnation

take-off stage in economy

stagflation

none of these

Answer is:

stagflation

8) Stagflation implies a case of :

galloping inflation

recession plus inflation

adverse balance of trade

rising wages and employment

Answer is:

recession plus inflation

9) Deficit financing aims to put more money into the economy by creating additional paper currency to fill the gap between expenditure and revenue. The device aims at economic development but if it fails, it generates :

inflation

devaluation

deflation

demonetisation

Answer is:

inflation

Indian Economics MCQ (GK Set-1) with Answers

For more MCQ's Click Here