Q118. 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?

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 n

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 Apri

Consider the following statements: 1. During the year 2004, India’s foreign exchange reserves did not exceed the 125 billion U.S. Dollar mark. 2. The series of

Consider the following statements: 1. Purchasing Power Parity (PPP) exchange rates are calculated by comparing the prices of the same basket of goods and servic

Consider the following statements: 1. In the case of all cereals, pulses and oil-seeds, the procurement at Minimum Support Price (MSP) is unlimited in any State

Consider the following statements: 1. Regarding the procurement of food-grains, the Government of India follows a procurement target rather than an open–ended p

Which of the following brings out the ‘Consumer Price Index Number for Industrial Workers’?

Consider the following statements: 1. Inflation benefits the debtors. 2. Inflation benefits the bond-holders. Which of the statements given above is/are corre

Consider the following statements : 1. The winds which blow between 30°N and 60°S latitudes throughout the year are known as westerlies. 2. The moist air masses

With reference to Indian economy, consider the following statements: 1. The rate of growth of Real Gross Domestic Product has steadily increased in the last dec

Consider the following statements : 1. India is a member of the International Grains Council. 2. A country needs to be a member of the International Grains Coun

Consider the following statements: 1. Most of India’s external debt is owed by governmental entities. 2. All of India’s external debt is denominated in US dolla

Consider the following statements: 1. The Union Government fixes the Statutory Minimum Price of sugarcane for each sugar season. 2. Sugar and sugarcane are esse

The new series of Wholesale Price Index (WPI) released by the Government of India is with reference to the base prices of:

Consider the following statements: 1. The quantity of imported edible oils is more than the domestic production of edible oils in the last five years. 2. The Go

Which one of the following is likely to be the most inflationary in its effects?

Which of the following steps is most likely to be taken at the time of an economic recession?

With reference to the Indian economy, demand-pull inflation can be caused/increased by which of the following? 1. Expansionary policies 2. Fiscal sti

With reference to inflation in India, which of the following statements is correct?

Which one of the following is likely to be the most inflationary in its effect?

India has experienced persistent and high food inflation in the recent past. What could be the reasons? 1. Due to a gradual switchover to the cultiva

In the context of Indian economy, consider the following pairs: | Term | Most Appropriate Description | | :--- | :--- | | 1. Melt Down | Fall in Stoc

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