Currency and Inflation - Topic Wise Multiple Choice Questions (MCQ)
Topic Wise Currency and Inflation MCQ for competitive exam Practice Multiple Choice Questions for Bank IBPS SSC Online Test Private Job Interview
6 )
When both unemployment and inflation increases, the situation is termed as,-
Para inflation
Hyperinflation
Stagflation ✔
Galloping inflation
None of these
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7 )
Which factors contributes to an inflationary trend?
10% increase in supply of money in the market. ✔
15% increase in supply of money in the market.
15% decrease in supply of production of industrial goods.
15% increase of price of goods.
None of these
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8 )
How the inflation can be checked temporarily?
Increase in money supply
Decrease in money supply ✔
Increase in wages
Decrease in Tax
None of these
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9 )
Which groups are not protected from inflation?
Industrial worker
Agricultural farmers ✔
Government pensioners
Saving bank account holders
None of these
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10 )
What is an essential attribute of inflation?
fall in production
increase in prices ✔
absence of black market
Presence of black market.
None of these
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