The 'Consumer Price Index - Industrial Workers' is compiled by: MCQ with Answer and Explanation

Question
The 'Consumer Price Index - Industrial Workers' is compiled by:
A. Labour Bureau
B. NITI Aayog
C. CSO
D. RBI
Answer: Option A
Solution (By JKSSB Mock Tests)
CPI-IW is compiled by the Labour Bureau.
This question belongs to: Economy GK Economy Set 1
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Question #1
The 'South Asian Free Trade Area' agreement came into force in which year?
A. 2006
B. 1995
C. 2010
D. 2004
Discuss
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Correct Answer: Option A

Explanation:
SAFTA came into force in 2006.
This question belongs to: Economy GK Economy Set 1
Question #2
Which of the following is a feature of the 'Random Walk Hypothesis' of stock prices?
A. Stock prices are predictable based on past patterns
B. Successive price changes are independent and stock prices fully reflect available information
C. Only fundamental analysis is irrelevant
D. Technical analysis can systematically generate excess returns
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Correct Answer: Option B

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 #3
The 'Form 26AS' is an income tax document that shows:
A. tax deducted and deposited against PAN
B. salary only
C. bank statements
D. stock holdings
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Correct Answer: Option A

Explanation:
Form 26AS shows tax deducted and deposited against a PAN.
This question belongs to: Economy GK Economy Set 1
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