Static Quiz 22 November 2023
Quiz-summary
0 of 5 questions completed
Questions:
- 1
- 2
- 3
- 4
- 5
Information
Static Quiz 22 November 2023 for UPSC Prelims
You have already completed the quiz before. Hence you can not start it again.
Quiz is loading...
You must sign in or sign up to start the quiz.
You have to finish following quiz, to start this quiz:
Results
0 of 5 questions answered correctly
Your time:
Time has elapsed
You have reached 0 of 0 points, (0)
Categories
- Not categorized 0%
- 1
- 2
- 3
- 4
- 5
- Answered
- Review
- Question 1 of 5
1. Question
Skewflation is a situation when
CorrectCorrect Answer : C
IncorrectCorrect Answer : C
- Question 2 of 5
2. Question
Consider the following statements regarding GDP deflator
1. This is the ratio between GDP Constant Prices at and GDP at Current Prices.
2. If GDP at Current Prices is equal to the GDP at Constant Prices, GDP deflator will be 1,
implying no change in price level.
Which of the statements given above is/are correct?CorrectCorrect Answer : B
This is the ratio between GDP at Current Prices and GDP at Constant Prices. Hence,
statement 1 is incorrect.IncorrectCorrect Answer : B
This is the ratio between GDP at Current Prices and GDP at Constant Prices. Hence,
statement 1 is incorrect. - Question 3 of 5
3. Question
Consider the following statements regarding Boom cycle
1. A strong upward fluctuation in the economic activities is called boom.
2. In boom cycle, the economy heats up and a demand supply lag is visible.
Which of the statements given above is/are correct?CorrectCorrect Answer : C
Answer Justification :
All the above statements are correct.IncorrectCorrect Answer : C
Answer Justification :
All the above statements are correct. - Question 4 of 5
4. Question
Consider the following statements regarding money market instruments
1. Treasury bills are zero coupon securities and pay no interest.
2. Cash Management Bills (CMBs) has generic character of T-bills but are issued for maturities
more than 91 days.
Which of the statements given above is/are correct?CorrectCorrect Answer : A
The CMBs have the generic character of T-bills but are issued for maturities less than 91 days. Hence, statement 2 is incorrect.
IncorrectCorrect Answer : A
The CMBs have the generic character of T-bills but are issued for maturities less than 91 days. Hence, statement 2 is incorrect.
- Question 5 of 5
5. Question
Consider the following statements regarding APEDA
1. It was established as a statutory body under the Agricultural and Processed Food Products
Export Development Authority Act.
2. The Authority replaced the Processed Food Export Promotion Council (PFEPC).
3. Minister of commerce is the chairman of APEDA.
Which of the statements given above are correct?CorrectCorrect Answer : A
A Chairman, appointed by the Central Government. Hence, statement 3 is
incorrect.IncorrectCorrect Answer : A
A Chairman, appointed by the Central Government. Hence, statement 3 is
incorrect.
