Daily GS Foundation MCQs - SthaapnaEconomy Previous Year QuestionsIAS Previous Year QuestionsSthaapana – January 2019Sthaapana – January 2019 – Week 4

IAS Previous Year ECONOMY Questions – Lecture – 7 – STHAAPNA Series

Sthapna - Static MCQs for GS - Subject - Day 47

Hey, aspiring Officer!

The most probable questions are waiting for your response. Attempt the quiz and get the best questions and their explanation.

There are 5 questions.
There is no time limit.
2 marks are awarded for each right answer.
There is no negative marking in the Daily Quiz.
You can check the answers and explanations by clicking VIEW QUESTIONS after completing the Quiz.

Wish you good luck!


Q.1)  With reference to India, consider the following statements: (2010)

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?

a) 1 only

b) 2 only

c) Both 1 and 2

d) Neither 1 nor 2


Q.2) In India, the key measure of inflation is?

a) Consumer Price Index number

b) Consumers Price Index for urban non-manual workers

c) Consumers Price Index for agricultural workers

d) National Income Deflation


Q.3) In the context of Indian economy, consider the following pairs: (2010)

      Term                                        Most Appropriate description

1. Melt down                                     Fall in stock prices

2. Recession                                       Fall in growth rate

3. Slow down                                     Fall in GDP

Which of the pairs given above is/are correctly matched? 

a) 1 only

b) 2 and 3 only

c) 1 and 3 only

d) 1,2 and 3


Q.4) Match List I with List II and select the correct answer using the codes given below the lists: (2000)


a) A-1; B-2; C-3; D-4

b) A-1; B-2; C- 4; D-3

c) A-2; B-1; C- 4; D-3

d) A-2; B-1; C-3; D-4

For solutions and detailed explanation download the PDF

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