Inflation Estimates

IMPORTANT

Inflation Estimates: Overview

This topic covers concepts, such as, Inflation Calculation & Effects of Inflation etc.

Important Questions on Inflation Estimates

HARD
IMPORTANT

Which of the following is an effect of Inflation?

HARD
IMPORTANT

What is the number of commodities tracked under Agricultural Labourers Consumer Price Index CPI?

HARD
IMPORTANT

Which of the following is also known as Supply Shock Inflation?

HARD
IMPORTANT

Which year is used as the base year for measuring inflation at the Industrial Workers (IW) - Consumer Price Index (CPI) in India?

EASY
IMPORTANT

An Inflation Rate of 20%-30% monthly is an indicator for which type of Inflation?

MEDIUM
IMPORTANT

The Reserve Bank of India keeps on changing various Ratio/Rates frequently.Why is this done?
(1) To keep inflation under control.
(2) To ensure that Indian Rupee does not lose its market value.
(3) To ensure that banks do not earn huge profits at the cost of public money.

EASY
IMPORTANT

The amount of which of the following reflects the overall budgetary position of the Government of India at a given time?

EASY
IMPORTANT

Reason for cost-push inflation is _____.

EASY
IMPORTANT

Inflation can be defined as _____.