Social Sector of Indian Economy » Exercise – 1
1. ‘World Development Report’ is an annual publication of :
(a) United Nations Development Programme
(b) International Bank of Reconstruction and Development
(c) World Trade Organisation
(d) International Monetary Fund
2. Economic growth is usually coupled with :
(a) deflation
(b) inflation
(c) stagflation
(d) hyper inflation
3. The existence of a parallel economy/black money :
(a) Makes the economy more competitive
(b) Makes the monetary policies less effective
(c) Ensure a better distribution of income and wealth
(d) Ensure increasing productive investment
4. Which of the following statements is/are correct ?
1. High growth will led to inflation.
2. High growth will led to deflation.
Select the correct answer using the codes given below :
(a) Only 1
(b) Only 2
(c) Both 1 and 2
(d) Neither 1 nor 2
5. Consider the following statements :
1. Inflation benefits the debtors.
2. Inflation benefits the bond-holders.
Which of the statements given above is/are correct ?
(a) Only 1
(b) Only 2
(c) Both 1 and 2
(d) Neither 1 nor 2
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