In the context of inflation, 'Headline Inflation' typically refers to: MCQ with Answer and Explanation

In the context of inflation, 'Headline Inflation' typically refers to:
A. Overall inflation including all items in the basket
B. Only fuel inflation
C. Only food inflation
D. Inflation excluding food and fuel
Answer: Option A
Solution (By JKSSB Mock Tests)
Headline inflation measures the total inflation in an economy, including all items such as food, fuel and others. Core inflation excludes volatile items like food and fuel.

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The 'National Rural Health Mission' was launched in:
A. 2005
B. 2013
C. 2010
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Correct Answer: Option A


Explanation:
NRHM was launched in 2005.

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Question #2
The 'Goods and Services Tax' on horse racing is:
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B. 18%
C. 28%
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Correct Answer: Option C


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The 'General Agreement on Tariffs and Trade' was signed in which year?
A. 1947
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C. 1955
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Correct Answer: Option A


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