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