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

Question

Share Report Error

The 'Consumer Price Index - Industrial Workers' is compiled by:

A. CSO

B. Labour Bureau

C. NITI Aayog

D. RBI

Answer: Option B

Solution (By JKSSB Mock Tests)

CPI-IW is compiled by the Labour Bureau.

This question belongs to: Economy GK Economy Set 1

Request complete Subject PDF

Discuss this Question (0)

No comments yet. Be the first to start the discussion!

Practice More Economy Set 1 Questions

Question #1

Share Report

The 'Model APMC Act' was circulated by the central government in which year?

A. 2006

B. 2010

C. 2000

D. 2003

View Answer & Solution Discuss

Get Complete Subject PDF for Economy GK

Correct Answer: Option D

Explanation:
The Model APMC Act was circulated in 2003 to promote reforms in agricultural marketing.

This question belongs to: Economy GK Economy Set 1

Question #2

Share Report

Which of the following is a major component of India's external debt?

A. Only equity portfolio investment

B. Only short-term trade credit

C. Only domestic government securities held by residents

D. Commercial borrowings, NRI deposits, multilateral and bilateral loans

View Answer & Solution Discuss

Get Complete Subject PDF for Economy GK

Correct Answer: Option D

Explanation:
India's external debt comprises multilateral and bilateral loans, commercial borrowings, NRI deposits, trade credit and other liabilities.

This question belongs to: Economy GK Economy Set 1

Question #3

Share Report

External economies of scale are enjoyed by a firm when:

A. it reduces prices

B. the firm increases its own size

C. it merges with another firm

D. the entire industry expands

View Answer & Solution Discuss

Get Complete Subject PDF for Economy GK

Correct Answer: Option D

Explanation:
External economies arise from expansion of the industry as a whole, benefiting all firms.

This question belongs to: Economy GK Economy Set 1

Explore All Economy Set 1 MCQs