demand & supply, profit loss, inflation & price index section 2 Practice Questions Answers Test with Solutions & More Shortcuts

Question : 11

In the paralance of economy / commerce, what is ‘Gilt-edged market’?

a) Market of safe securities

b) Gold and Silver market

c) Industrial securities market

d) Market of software technology products

Question : 12 [BPSC (Pre) 2018]

The base year for All-India Wholesale Price Index (WPI) has been changed by the Government of India from 2004-05 to

a) 2012-13

b) 2013-14

c) 2010-11

d) 2011-12

Question : 13

Which one among the following is the total amount of money available in an economy at a specific time ?

a) Money volume

b) Near money

c) Narrow money

d) Money stock

Question : 14 [UPPCS (Pre) 2003]

Which of the following price index number are used for calculation of Central Government employee wage compensation?

a) Consumer price index for agricultural labourers

b) None of the above

c) Wholesale price index

d) Consumer price index for industrial workers

Question : 15 [CDS-2015-I]

An exceptional demand curve is one that slopes

a) upward to the right

b) horizontally

c) downward to the right

d) upward to the left