Inflation, Subsidy, PDS MCQs for CET 12th Level
Practice 20 free Inflation, Subsidy, PDS questions under Indian Economy — Economy.
Strengthen your Inflation, Subsidy, PDS knowledge for CET 12th Level with curated MCQs. Switch between Hindi and English anytime.
CET 12th Level — Indian Economy — Inflation, Subsidy, PDS
20 Questions • Instant results & explanations • Hindi & English
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Question 1 of 20
What does the acronym 'JAM' stand for in the context of subsidy reform?
Question 2 of 20
Consider the following measures to control inflation: 1. Increasing interest rates. 2. Reducing government expenditure. 3. Creating new currency notes. 4. Action against black marketing. Which of the above are considered 'Fiscal Measures' adopted by the government?
Question 3 of 20
The base year for CPI Agricultural Laborers (CPI-AL) is:
Question 4 of 20
Which 'Direct Intervention' measure involves the government selling goods directly to beneficiaries?
Question 5 of 20
Where was the Public Distribution System (PDS) first launched as a pilot project in 1950?
Question 6 of 20
Which one of the following is NOT a method aimed at increasing supply to control inflation?
Question 7 of 20
Which of the following combinations correctly represents the new Minimum Support Price (MSP) (Rs/Quintal) and its absolute increase for the Barley crop in the RMS 2026-27?
Question 8 of 20
The 'Base Effect' in the context of inflation refers to:
Question 9 of 20
What is the entitlement of food grains per family per month under the Antyodaya Anna Yojana (AAY)?
Question 10 of 20
Which of the following correctly describes 'Disinflation'?
Question 11 of 20
Subsidies can negatively affect the economy by increasing which of the following?
Question 12 of 20
Which document is mandatory for authentication at the point of sale under the 'One Nation One Ration Card' scheme?
Question 13 of 20
Consider the following items: 1. Reduction in indirect taxes 2. Increase in interest rates 3. Increase in subsidies Which of the above actions would generally help in reducing Cost-Push Inflation?
Question 14 of 20
The 'Pradhan Mantri Garib Kalyan Anna Yojana' (PMGKAY) provides additional free food grains to beneficiaries. What is the extended time period for this scheme as per recent government announcements?
Question 15 of 20
Which of the following factors are considered 'Other Factors' excluded from Headline Inflation to calculate Core Inflation? 1. Crude oil prices in the international market 2. Natural disasters 3. Transport disruptions Select the correct answer:
Question 16 of 20
Which organization calculates and releases the National Statistical Office (NSO) indices?
Question 17 of 20
Which of the following is NOT a method used by the Reserve Bank of India (RBI) under monetary measures to control inflation?
Question 18 of 20
Which Ministry publishes the CPI for Agricultural Laborers (CPI-AL)?
Question 19 of 20
How many items are included in the 'Manufactured Products' category of the Wholesale Price Index (WPI)?
Question 20 of 20