GENERAL AWARENESS

INFLATION Daily Banking Class Monday To Saturday 10:30AM

FOR ANY DOUBT AND DOUBT SESSION JOIN MY OFFICIAL TELEGRAM CHANNEL @rajeevmishraga

USE MY CODE E02193 AND GET MAXIMUM DISCOUNT 10% ON ALL PRODUCT https://myshop.mahendras.org Daily Banking Class Monday To Saturday 10:30AM

USE MY CODE E02193 AND GET MAXIMUM DISCOUNT 10% ON ALL PRODUCT https://myshop.mahendras.org • DEFINITION OF • STAGES OF INFLATION • CAUSES OF INFLATION • TYPES OF INFLATION • EFFECTS OF INFLATION • MEASURMENT OF INFLATION • NEW WPI SERIES INFLATION • MEASURES TO CONTAIN INFLATION • • • • • Daily Banking Class Monday To Saturday 10:30AM

USE MY CODE E02193 AND GET MAXIMUM DISCOUNT 10% ON ALL PRODUCT https://myshop.mahendras.org Inflation A RISE IN the general level of कीमतⴂ के सामाꅍय तर मᴂ वद्धृ ि Persistent increase in the general level of prices कीमतⴂ के सामाꅍय तर मᴂ लगातार वद्धिृ An increase in the general level of prices in an economy that is sustained over time समय के साथ द्धथर रहने वाली अथथ핍यवथा मᴂ कीमतⴂ के सामाꅍय तर मᴂ वद्धृ ि STAGES OF INFLATION

100

20 10 3 Creeping inflation(0- Trotting inflation Galloping Hyper inflation(20% 3%) (3%-10%)* inflation(10%-20%) and above) * DATA MAY VARY CAUSES OF INFLATION

PRICING POWER INFLATION

DEMAND-PULL INFLATION

COST-PUSH INFLATION

WAGE INFLATION CORE INFLATION Core Inflation is the change in costs of and services, but does not include those from the and energy sectors. EFFECTS OF INFLATION inflation is famous for its It has some positive negative effects and destruction. But aspects as well. Positive or Negative On Creditors and Debtors Business community Farmers On Base Effect What is Base Year? INCREASE OR DECREASE in general level is measured against of some reference year called BASE YEAR. WPI CPI IIP of Wholesale Price Consumer Price Industrial Index Index Production Base year- 11 Base year- 2012 20 - Base year- 2011 12 12 -

Based on 4 Economic Number of items- Group. NO. OF ITEMS 697 • CPI-UNME - 809 • Primary Articles (Urban Non Manual (117) Employee) • Manufacturin • Fuel & Power • CPI-AL (Agricultural g (Mining & (16) Labour) • Manufacturing • CPI-RL (Rural Labour) Electricity) Products(564) • CPI-IW (Industrial Worker) QUESTION & ANSWER PREVIOUS YEAR QUESTION (BASED ON MEMORY) Q. Which of the following is correct statement about inflation? 1.During the inflation supply increase. 2.During the inflation are decrease. 3.During the inflation purchasing power of are increase. 4.During the inflation purchasing power of currency are decrease. 1.1 & 2 2.1&3 3.1 & 4 4.3 & 4 5. All statement true PREVIOUS YEAR QUESTION (BASED ON MEMORY)

Q. How many article include in WPI (Whole Sale price index) for the calculation of inflation? 1. 676 2. 678 3. 697 4. 698 5. None of these. PREVIOUS YEAR QUESTION (BASED ON MEMORY) Q. What is the base year for measuring inflation at Wholesale Prices Index (WPI) in India? 1. 2004-05 2. 2010-11 3. 2011-12 4. 2018-19 5. None of the above PREVIOUS YEAR QUESTION (BASED ON MEMORY) Q. Which of the following organization who issue inflation data? 1. RBI 2. CSO 3. Finance ministry 4. NSSO 5. None of these PREVIOUS YEAR QUESTION (BASED ON MEMORY) Q. Which of the following economic group are not include in CPI (Consumer Price Index) ? 1. CPI (AL) 2. CPI (RL) 3. CPI(W) 4. CPI (UNME) 5. CPI( IW) PREVIOUS YEAR QUESTION (BASED ON MEMORY) Q. In India Inflation data released on the basis of ______. 1. Yearly 2. Half Yearly 3. Quarterly 4. Monthly 5. None of these PREVIOUS YEAR QUESTION (BASED ON MEMORY)

Q. What is a tool to reduce inflation rate in an economy? 1.foreign policy 2. 3.disinvestment policy 4. 5.FDI policy 1. 1 & 2 2. 2 &3 3. Only 2 4. 2 & 4 5. All PREVIOUS YEAR QUESTION (BASED ON MEMORY) Q. What is current Base year of Consumer Price Index--? 1. 2010 2. 2011 3. 2012 4. 2015 5. 2019 PREVIOUS YEAR QUESTION (BASED ON MEMORY) Q. CPI (Consumer Price Index ) is also known as ______. 1. CORE Inflation 2. Rural Inflation 3. Retail Inflation 4. Rolling Inflation 5. Virtual inflation PREVIOUS YEAR QUESTION (BASED ON MEMORY) Q. In the time of recession government provide bailout package to industry ,this effort is known as? मंदी के समय मᴂ सरकार उ饍योग को बेलआउट पैकेज प्रदान करती है, इस प्रयास के 셂प मᴂ जाना जाता है? 1. Disinflation 2. Stagflation 3. Reflation 4. Agflation 5. None of these PREVIOUS YEAR QUESTION (BASED ON MEMORY) Q. When the reason of inflation is increase in labour charge ,then this type of inflation is ______. 1. Demand pull inflation 2. Cost push inflation 3. Lack of supply management 4. Holding and Black marketing 5. None of these PREVIOUS YEAR QUESTION (BASED ON MEMORY)

Q. Inflation Index Bond (IIP) is linked to which of the following index? 1. WPI 2. CPI 3. IIP 4. PPI 5. Both 1 & 2 Daily Banking Class Monday To Saturday 10:30AM

FOR ANY DOUBT AND DOUBT SESSION JOIN MY OFFICIAL TELEGRAM CHANNEL @rajeevmishraga

USE MY CODE E02193 AND GET MAXIMUM DISCOUNT 10% ON ALL PRODUCT https://myshop.mahendras.org