Inflation

13 Questions
  1. 1
    With reference to Indian economy, demand-pull inflation can be caused/increased by which of the following?
    1. Expansionary policies
    2. Fiscal stimulus
    3. Inflation-indexing wages
    4. Higher purchasing power
    5. Rising interest rates
    Select the correct answer using the code given below.
    UPSC CSE I - 2021
  2. 2
    Which one of the following is likely to be the most inflationary in its effects?
    UPSC CSE I - 2021
  3. 3

    Consider the following statements:

    1. The weightage of food in Consumer Price Index (CPI) is higher than that in Wholesale Price Index (WPI).
    2. The WPI does not capture changes in the prices of services, which CPI does.
    3. Reserve Bank of India has now adopted WPI as its key measure of inflation and to decide on changing the key policy rates.

    Which of the statements given above is/are correct?

    UPSC CSE I - 2020
  4. 4
    With reference to inflation in India, which of the following statements is correct?
    UPSC CSE I - 2015
  5. 5
    Which of the following brings out the 'Consumer Price Index Number for Industrial Workers'?
    UPSC CSE I - 2015
  6. 6
    A rise in general level of prices may be caused by
    1. an increase in the money supply
    2. a decrease in the aggregate level of output
    3. an increase in the effective demand
    Select the correct answer using the codes given below.
    UPSC CSE I - 2013
  7. 7
    Consider the following statements:
    1. Inflation benefits the debtors.
    2. Inflation benefits the bondholders.
    Which of the statements given above is/are correct?
    UPSC CSE I - 2013
  8. 8
    Economic growth is usually coupled with
    UPSC CSE I - 2011
  9. 9
    A rapid increase in the rate of inflation is sometimes attributed to the "base effect". What is "base effect"?
    UPSC CSE I - 2011
  10. 10

    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 to Consumer Price Index for Industrial Workers (CPIIW), the WPI gives less weight to food articles.

    Which of the statements given above is/are correct?

    UPSC CSE I - 2010
  11. 11

    Which one of the following statements is an appropriate description of deflation?

    UPSC CSE I - 2010
  12. 12

    With reference to the Wholesale Price Index (WPI), consider the following statements:

    1. The new WPI series with base 1993–94 = 100 became effective from April 1998
    2. In the new WPI series, the weight for primary articles has gone down by 10 percentage points
    3. The weight for electricity has increased in the new WPI series

    Which of these statements are correct?

    UPSC CSE I - 2002
  13. 13

    In India, inflation is measured by the:

    UPSC CSE I - 1997