Inflation, Subsidy, PDS MCQs for LDC
Practice 20 free Inflation, Subsidy, PDS questions under Indian Economy — Economy.
Strengthen your Inflation, Subsidy, PDS knowledge for LDC with curated MCQs. Switch between Hindi and English anytime.
LDC — Indian Economy — Inflation, Subsidy, PDS
20 Questions • Instant results & explanations • Hindi & English
0 / 20
Question 1 of 20
Which system is described as 'a system to manage food scarcity via subsidized essential goods'?
Question 2 of 20
Which of the following is an administrative measure to check black marketing during inflation?
Question 3 of 20
Who publishes the CPI - Rural and CPI - Urban indices?
Question 4 of 20
Consider the following statements regarding the impact of 'Black Money' on inflation: 1. It reduces the aggregate demand in the economy. 2. It increases the circulation of unaccounted money, leading to Demand-Pull Inflation. Which of the statements given above is/are correct?
Question 5 of 20
Which type of CPI includes 'Rural + Urban' data?
Question 6 of 20
Consider the following statements regarding the benefits of subsidies: 1. They help in reducing problems like poverty and hunger. 2. They ensure the welfare of the state. 3. They help in controlling inflation. Which of the above statements are correct?
Question 7 of 20
Which of the following is an example of a 'Merit Subsidy'?
Question 8 of 20
Subsidies provided on Petrol and Diesel are classified as:
Question 9 of 20
Which of the following schemes is related to Food Subsidy?
Question 10 of 20
Which Ministry is responsible for publishing the Wholesale Price Index (WPI) in India?
Question 11 of 20
What is the correct sequence of flow for price tracking in inflation calculation?
Question 12 of 20
Consider the following statements regarding the new Minimum Support Price (MSP) dynamics for the Rabi season 2026-27: 1. Mustard received a higher absolute increase in MSP per quintal compared to Wheat. 2. Lentil (Masur) holds the highest new MSP value in absolute terms among major Rabi pulses. Which of the statements given above is/are correct?
Question 13 of 20
Which of the following is NOT listed as a challenge/negative aspect of subsidies?
Question 14 of 20
Identify the incorrect pair regarding the Rabi crop and its specific increment in Minimum Support Price (MSP) for 2026-27:
Question 15 of 20
What is the number of items in the 'Primary Articles' category of WPI?
Question 16 of 20
Under Cost-Push Inflation, an increase in 'rent' or 'wages' falls under which broader category of causes?
Question 17 of 20
Which of the following statements about the 'Base Year' is correct?
Question 18 of 20
What is the primary role of the Reserve Bank of India (RBI) in controlling inflation?
Question 19 of 20
Which of the following creates a 'Supply Shock' leading to inflation?
Question 20 of 20