Demand & Supply, Profit Loss, Inflation & Price Index Section 1 Practice Questions Answers Test With Solutions & More Shortcuts

Question : 16 [CDS-2008-II]

The acronym SRO, being used in the capital market for various market participants, stands for which one of the following?

a) Securities Roll-back Operators

b) Self Regulatory Organisations

c) Small Revenue Operators

d) Securities Regulatory Organisations

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Question : 17 [CDS-2015-II]

What is meant by price discrimination?

a) A situation where the same product is sold to different consumers for different prices

b) Subsidization of a product by the Government to sell it at a lower price

c) Increase in price of a commodity over time

d) General decrease in price of a commodity over time

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Question : 18

Which one of the following is the act of stimulating the economy by increasing the money supply or by reducing taxes ?

a) Inertial inflation

b) Disinflation

c) Reflation

d) Inflation hedge

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Question : 19

Which of the following would cause the aggregate demand curve to shift to the right?

a) an increase in real interest rates

b) an appreciation of the American dollar

c) an increase in purchases by the federal government

d) a decrease in the money supply

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Question : 20 [PSC (Pre) 2010]

With reference to India, consider the following statements.

1. The Wholesale Price Index (WPI) in India is available on a monthly basis only.
2. As compared on Consumers Price Index for Industrial Workers [CPI(IW)] the WPI gives less weight to food articles.

Which of the following statement(s) given above is/are correct?

a) Both 1 and 2

b) Neither 1 nor 2

c) Only 1

d) Only 2

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