The 'disinflation' refers to: MCQ with Answer and Explanation

Question

Share Report Error

The 'disinflation' refers to:

A. a decrease in the rate of inflation

B. a fall in the price level

C. a fall in GDP

D. an increase in inflation

Answer: Option A

Solution (By JKSSB Mock Tests)

Disinflation is a slowdown in the rate of inflation.

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 'Yellow Revolution' in India is associated with:

A. oilseeds production

B. sugarcane

C. pulses production

D. horticulture

View Answer & Solution Discuss

Get Complete Subject PDF for Economy GK

Correct Answer: Option A

Explanation:
Yellow Revolution is associated with increased production of oilseeds.

This question belongs to: Economy GK Economy Set 1

Question #2

Share Report

The 'European Central Bank' is headquartered in:

A. Brussels

B. Frankfurt

C. Paris

D. Berlin

View Answer & Solution Discuss

Get Complete Subject PDF for Economy GK

Correct Answer: Option B

Explanation:
The European Central Bank is headquartered in Frankfurt, Germany.

This question belongs to: Economy GK Economy Set 1

Question #3

Share Report

A quota is a:

A. tax on exports

B. type of exchange rate

C. price support for imports

D. quantitative restriction on imports or exports

View Answer & Solution Discuss

Get Complete Subject PDF for Economy GK

Correct Answer: Option D

Explanation:
A quota is a quantitative restriction on imports or exports.

This question belongs to: Economy GK Economy Set 1

Explore All Economy Set 1 MCQs