Q.11)-The supply-side measure to control inflation is-
- Reducing public expenditure
- Price control through Public Distribution System
- Higher taxation to mop up liquidity
- Credit control
Q.12)- 'Galloping Inflation' is also known as-
- Walking Inflation
- Running Inflation
- Hyper inflation
- Creeping inflation
Q.13)-The Great Depression occurred during-
- 1914-18
- 1929-34
- 1939-45
- 1922-26
Q.14)-The world wide Great Depression took place in-
- 1936
- 1929
- 1928
- 1930
Q.15)-State which of the following is correct?The Consumer Price Index reflects-
- The standard of living
- The extent of inflation in the prices of consumer goods
- The increasing per capita income
- The growth of the economy
Q.16)-Forced Savings refer to-
- Reduction of consumption consequent to a rise in prices
- Taxes on individual income and wealth
- Compulsory deposits imposed on income tax payers
- Provident fund contribution of private sector employees
Q.17)-When too much money is chasing to few goods, the situation is-
- Deflation
- Inflation
- Recession
- Stagflation
Q.18)-Which of the following groups suffer the most from inflation?
- Debtors
- Creditors
- Buisness Class
- Holder of Real Assets
Q.19)-Which of the following can be used for checking inflation temporarlly?
- Increase in wages
- Decrease in money supply
- Decrease in taxes
- None of these
Q.20)-Inflation occurs when aggregate supply is
- More than aggregate demand
- Less than aggregate demand
- Rqual to aggregate demand
- None of these