Inflation, Subsidy, PDS MCQs for Patwari
Practice 20 free Inflation, Subsidy, PDS questions under Indian Economy — Economy.
Strengthen your Inflation, Subsidy, PDS knowledge for Patwari with curated MCQs. Switch between Hindi and English anytime.
Patwari — Indian Economy — Inflation, Subsidy, PDS
20 Questions • Instant results & explanations • Hindi & English
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Question 1 of 20
Consider the following statements regarding the Producer Price Index (PPI): 1. It calculates price changes from the producer's perspective. 2. It includes both goods and services. 3. It is widely used in European countries. Which of the statements given above are correct?
Question 2 of 20
Under the Targeted Public Distribution System (TPDS) launched in 1997, which color of ration card was assigned to families Below Poverty Line (BPL)?
Question 3 of 20
What is the specific objective of the 'Pradhan Mantri Garib Kalyan Anna Yojana'?
Question 4 of 20
Why does the RBI focus on Core Inflation for long-term policy making?
Question 5 of 20
Which of the following is an example of 'Bottleneck Inflation'?
Question 6 of 20
What is the effect of inflation on 'Savers' or people with fixed savings?
Question 7 of 20
The Office of Economic Adviser is attached to which Ministry?
Question 8 of 20
What happens to the 'Self-Reliance' (Swavalambi) of citizens due to excessive long-term subsidies?
Question 9 of 20
Consider the following statements regarding the impact of inflation on different sectors: 1. It increases the cost of living for poor families. 2. It reduces the risk for individuals investing in assets. 3. It creates a spiral where inflation causes more inflation. Which of the statements given above is/are correct?
Question 10 of 20
Which of the following creates a 'dependency syndrome' where citizens do not become self-reliant?
Question 11 of 20
Producer Price Index (PPI) differs from WPI in which major aspect?
Question 12 of 20
Assertion (A): Developing countries tolerate a higher rate of inflation (Walking Inflation) compared to developed countries. Reason (R): Moderate inflation in developing economies acts as a stimulant for investment and employment generation.
Question 13 of 20
Which of the following is considered an objective of providing subsidies?
Question 14 of 20
Which component of the JAM trinity is primarily responsible for 'Communication' with the beneficiary?
Question 15 of 20
Which of the following statements regarding the differences between WPI and CPI is incorrect?
Question 16 of 20
What is the primary function of the Food Corporation of India (FCI) established in 1965?
Question 17 of 20
The 'PAHAL' scheme is related to which of the following subsidies?
Question 18 of 20
Consider the following regarding 'Indirect Subsidy': 1. It is explicitly mentioned in the budget. 2. It includes tax exemptions and low-interest loans. 3. The beneficiary receives it directly in their bank account. Which of the above statements is/are correct?
Question 19 of 20
Assertion (A): Core inflation is considered to be under the control of RBI. Reason (R): Core inflation excludes factors like international crude oil prices and natural disasters which are supply-side shocks.
Question 20 of 20