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Currency and Inflation
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Currency and Inflation
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25 Questions

1. Which of the following mints undertakes refining of gold for licensed gold dealers and production of medals for defence services?
2. Consider the following statements about Wholesale Price Index (WPI) : 1. It captures the price movement extensively and is - therefore - taken as an indicator of inflation. 2. The office of the Economic adviser (OEA) is entrusted with the function of compilation and publication of the weekly wholesale price index number in India. Which of the statements given above is/are correct? [CDS 2009]
3. The Issue Department of the RBI maintains a _______ against printing of notes:
4. Of the various ways of financing government's investment expenditure - the least inflationary is : [PCS 1994]
5. Which of the following are definite implications of a fall in inflation? 1. Prices have fallen 2. Prices are increasing more slowly than before 3. Food supply has increased 4. There is industrial stagnation
6. Who among the following is most benefitted from inflation? [IAS 1989]
7. Broad money in India is :
8. Which of the following Mahatma Gandhi series of currency notes issued by the RBI has a drawing of the 'Parliament House' depicted on it? [SSC Graduate 2003]
9. Which of the following accounts for Cost-Push Inflation?
10. How many languages are used on a ten rupee note?
11. The period of high inflation and low economic growth is termed as: [RRB 1992]
12. In the last one decade - which one among the following sectors has attracted the highest Foreign Direct Investment inflows into India? [IAS 2004]
13. Which of the following measures should be taken when an economy is going through inflationary pressures? 1. The direct taxes should be increased. 2. The interest rate should be reduced. 3. The public spending should be increased Select the correct answer using the code given below: [CDS 2012] Code:
14. Inflation is caused as a result of:
15. Stagflation implies a case of: [CDS 1992]
16. Consider the following statement: The price of any currency in international market is determined by the: 1. WTO 2. Demand for goods/services provided by the country concerned 3. Inflation differential between the country concerned and its major trading partners 4. Stability of the government of the concerned country Of these statements:
17. Rupee was devalued by what percent in July 1991 ? [MP PCS 1990]
18. For international payments - the Indian currency is linked to :
19. Rising prices lead to all but one of the following:
20. Inflationary Gap is a situation characterized by:
21. When was decimal coinage introduced in India? [CDS 2005]
22. Inflation implies: [Railways 1994]
23. Monetary policy is regulated by:
24. Match the following: A. Partial convertibility I. Unified exchange rate - applied for export and import of goods only - i.e. - visible transaction of BoP B. Convertibility on trade account II. Currency can be converted on all accounts C. Convertibility on current account III. 60% of the foreign exchange to be converted at market rates and rest at official rate D. Full convertibility IV. Full convertibility in all visible and invisible transaction of goods and services A B C D
25. Black money is :