Inflation in India
Understanding Inflation in India
Test your knowledge on inflation and its effects on the Indian economy with our engaging quiz! Whether you're a student, teacher, or just curious about economic terms, this quiz offers a fun way to learn.
Features:
- 10 thought-provoking questions
- Learn about Demand-Pull and Cost-Push inflation
- Understand concepts like Stagflation and Hyperinflation
Which among the following is exact opposite of inflation?
1. Stagflation
2. Disinflation
3. Hyperinflation
4. Deflation
Which out of the following is phenomenon that leads to Demand-Pull Inflation?
1. It is a situation when aggregate demand in an economy outpaces aggregate supply
2. It is a situation of persistent rise in inflation along with dip in growth and increase in unemployment
3. It is a situation caused by an increase in prices of inputs like labour, raw material etc
4. It is a situation when a nation experiences very high and accelerating inflation.
Which out of the following is phenomenon that leads to Cost-Push Inflation?
1. It is a situation when aggregate demand in an economy outpaces aggregate supply
2. It is a situation of persistent rise in inflation along with dip in growth and increase in unemployment
3. It is a situation caused by an increase in prices of inputs like labour, raw material etc
4. It is a situation when a nation experiences very high and accelerating inflation
Which out of the following is phenomenon that leads to Stagflation?
1. It is a situation when aggregate demand in an economy outpaces aggregate supply
2. It is a situation of persistent rise in inflation along with dip in growth and increase in unemployment
3. It is a situation caused by an increase in prices of inputs like labour, raw material etc
4. It is a situation when a nation experiences very high and accelerating inflation.
Which out of the following is phenomenon that leads to Hyperinflation?
1. It is a situation when aggregate demand in an economy outpaces aggregate supply
2. It is a situation of persistent rise in inflation along with dip in growth and increase in unemployment
3. It is a situation caused by an increase in prices of inputs like labour, raw material etc
4. It is a situation when a nation experiences very high and accelerating inflation.
Which out of the following is phenomenon that leads to Deflation?
1. It is a decrease in the rate of inflation – a slowdown in the rate of increase of the general price level of goods and services
2. It is a situation of persistent rise in inflation along with dip in growth and increase in unemployment
3. It is the situation where prices fall continuously or have tendency to fall
4. It represents price rise in all goods and services but does not include articles from food and energy sector.
Which out of the following is phenomenon that leads to Disinflation?
1. It is a decrease in the rate of inflation – a slowdown in the rate of increase of the general price level of goods and services
2. It is a situation of persistent rise in inflation along with dip in growth and increase in unemployment
3. It is the situation where prices fall continuously or have tendency to fall
4. It represents price rise in all goods and services but does not include articles from food and energy sector.
Which out of the following is termed as Core Inflation?
1. It is a decrease in the rate of inflation – a slowdown in the rate of increase of the general price level of goods and services
2. It is a situation of persistent rise in inflation along with dip in growth and increase in unemployment
3. It is the situation where prices fall continuously or have tendency to fall
4. It represents price rise in all goods and services but does not include articles from food and energy sector.
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