Core inflation excludes which of the following? MCQ with Answer and Explanation

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Core inflation excludes which of the following?

A. food and fuel prices

B. housing prices

C. all manufactured goods

D. imported goods

Answer: Option A

Solution (By JKSSB Mock Tests)

Core inflation excludes volatile food and fuel prices to capture underlying inflation trends.

This question belongs to: Economy GK Economy Set 1

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Question #1

Which of the following is a feature of the 'Random Walk Hypothesis' of stock prices?

A. Technical analysis can systematically generate excess returns

B. Stock prices are predictable based on past patterns

C. Successive price changes are independent and stock prices fully reflect available information

D. Only fundamental analysis is irrelevant

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Correct Answer: Option C

Explanation:
The random walk hypothesis, closely related to the efficient market hypothesis, asserts that successive price changes are independent and that prices incorporate information so rapidly that future changes are unpredictable.

This question belongs to: Economy GK Economy Set 1

Question #2

Green GDP is an indicator that adjusts GDP for:

A. foreign debt

B. population growth

C. environmental degradation and natural resource depletion

D. inflation

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Correct Answer: Option C

Explanation:
Green GDP adjusts conventional GDP for environmental degradation and natural resource depletion.

This question belongs to: Economy GK Economy Set 1

Question #3

A payment bank in India can accept demand deposits up to a maximum of:

A. Rs 1 lakh

B. Rs 2 lakh

C. Rs 50,000

D. Rs 5 lakh

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Correct Answer: Option A

Explanation:
Payment banks can accept demand deposits up to Rs 1 lakh per customer.

This question belongs to: Economy GK Economy Set 1

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