Top 350+ Solved Micro economics 2 MCQ Questions Answer
Q. When prices of only few commodities rise
a. Sporadic Inflation
b. suppressed inflation
c. open inflation
d. creeping inflation
Q. Which is the slowest inflation?
a. Walking inflation
b. running inflation
c. Creeping inflation
d. moderate inflation
Q. The rate of inflation in walking inflation is:
a. between 3to 10 %
b. below 3 %
c. More than 10%
d. More than 3%
Q. Price rise in every second is referred as
a. Running inflation
b. Galloping inflation
c. Walking inflation
d. Hyper inflation
Q. In business cycle, depression is followed by:
a. . Boom
b. Recovery
c. Recession
d. None of the above
Q. The Working Group for the Revision of Wholesale Price Index Number headed by :
a. Prof. Abhijit Sen
b. Kelkar
c. Ahluwalia
d. Tarapore
Q. The working group in India include in the age:
a. 14 to 55
b. 15 to 59
c. 20 and above
d. 25 and above
Q. Open market operations refer to the sale and purchase by the RBI of :
a. Gold
b. Foreign exchange
c. Government securities
d. All the above
Q. Which of the following is not an objective of monetary policy?
a. Price stability
b. Balance of Payments equilibrium
c. Economic growth
d. Reduction in export
Q. Which of the following is not an element of high Powered money?
a. Currency
b. Repos
c. Required Reserves
d. Excess reserves
Q. The ratio of money supply to high powered money is:
a. SLR
b. CRR
c. Money Multiplier
d. Bank rate