Inflation, Subsidy, PDS MCQs for RAS

Practice 20 free Inflation, Subsidy, PDS questions under Indian EconomyEconomy.

Strengthen your Inflation, Subsidy, PDS knowledge for RAS with curated MCQs. Switch between Hindi and English anytime.

RAS — Indian Economy — Inflation, Subsidy, PDS

20 Questions • Instant results & explanations • Hindi & English

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Question 1 of 20

Which type of inflation necessitates 'unexpected measures' to control it?

Question 2 of 20

When was the Direct Benefit Transfer (DBT) scheme launched by the Government of India?

Question 3 of 20

Which specific administrative measure is mentioned to help the poor directly during periods of high price rise?

Question 4 of 20

Which of the following is correct about 'PM Kisan' installment schedule?

Question 5 of 20

The Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY) aims to provide free food grains to approximately how many people?

Question 6 of 20

Arrange the following subsidies in descending order of their allocation in India: 1. Fertilizer Subsidy 2. Food Subsidy 3. Fuel Subsidy

Question 7 of 20

What is the primary definition of a 'subsidy' in economic terms?

Question 8 of 20

Which of the following is a statutory body?

Question 9 of 20

What is the 'One Nation One Ration Card' scheme most beneficial for?

Question 10 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 11 of 20

Under Cost-Push Inflation, an increase in 'rent' or 'wages' falls under which broader category of causes?

Question 12 of 20

What is the impact of inflation on investment in the economy?

Question 13 of 20

What is the entitlement of food grains per family per month under the Antyodaya Anna Yojana (AAY)?

Question 14 of 20

Which of the following creates a 'Vicious Cycle' in the economy during high inflation?

Question 15 of 20

Which of the following categories represents 'Primary Articles' in the WPI basket?

Question 16 of 20

The 'Base Effect' in the context of inflation refers to:

Question 17 of 20

Why are subsidies on education and health considered 'Merit Subsidies'?

Question 18 of 20

Why does the purchasing power of money decrease during inflation?

Question 19 of 20

Which transportation-related problem is identified as a major challenge in the Public Distribution System (PDS)?

Question 20 of 20

Which index would be most affected by an increase in the price of services like education and healthcare?

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