Consumer Price Index

Q.

An assumption of the constant marginal utility of money means the importance of money to the consumer is ________. (a) rising (b) falling (c) unchanged (d) none of the above

1. rising

2. falling

3. unchanged

4. none of the above

Q.

What is deflation?

Q. Which of the following agencies in India is responsible for computation of national income?

1. NCAER
2. CSO
3. NSS
4. RBI

Q. The cause of Deflation is ____________.

1. none of the above
2. lack of goods and services as compared to money supply
3. lack of imports as compared to exports
4. lack of money supply as compared to supply of goods and services

Q. The basis of determining dearness allowance to employees in India is

1. National Income
2. Consumer Price Index
3. Standard of Living
4. Per Capita Income

Q. "Average income is useful for comparison but it may hide disparities." Support the statement with suitable arguments.

Q. The given pie chart shows the annual agricultural yield of a certain place. If the total production is $8100tons$,
What is the yield in tons of rice, ragi, sugar cane and others