Daily Quiz – 16th Jan 2024

Daily Quiz - 16th Jan 2024

Daily Quiz - 16th Jan 2024

1 / 5

Consider the following pairs:

Area of conflict mentioned in news              Country where it is located

  1. Donbas                                                           Syria
  2. Kachin                                                            Ethiopia
  3. Tigray                                                             North Yemen

How many of the above pairs are correctly matched?

2 / 5

Which one of the following best describes the term "Merchant Discount Rate" sometimes seen in news?

3 / 5

With reference to inflation in India, which of the following statements is correct?

4 / 5

Consider the following statements:

  1. The weightage of food in Consumer Price Index (CPI) is higher than that in Wholesale Price Index (WPI).
  2. The WPI does not capture changes in the prices of services, which CPI does.
  3. The Reserve Bank of India has now adopted WPI as its key measure of inflation and to decide on changing the key policy rates.

Which of the statements given above is/are correct?

5 / 5

With reference to the Indian economy, demand-pull inflation can be caused/ increased by which of the following?

  1. Expansionary policies
  2. Fiscal stimulus
  3. Inflation-indexing wages
  4. Higher purchasing power
  5. Rising interest rates

Select the correct answer using the code given below.

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