CA Foundation Exam > CA Foundation Notes > Business Economics for CA Foundation > MCQ - Inflation
MCQ - Inflation | Business Economics for CA Foundation PDF Download
| Download, print and study this document offline |
Please wait while the PDF view is loading
Page 1 • CPT Mercantile Law Chapter - 6 Select Aspects of Indian Economy • CA. Dipti Lunawat Inflation Unit V[ Part2/2] Page 2 • CPT Mercantile Law Chapter - 6 Select Aspects of Indian Economy • CA. Dipti Lunawat Inflation Unit V[ Part2/2] Question No.1 Inflation refers to persistent ______movement in general price level. [A] Downward [B] Upward [C] Volatile [D] Fluctuating Ans-B Page 3 • CPT Mercantile Law Chapter - 6 Select Aspects of Indian Economy • CA. Dipti Lunawat Inflation Unit V[ Part2/2] Question No.1 Inflation refers to persistent ______movement in general price level. [A] Downward [B] Upward [C] Volatile [D] Fluctuating Ans-B Question No.2 For inflation to occur average price increase should be at least ____per year. [A] 5% [B] 4% [C] 6% [D] 7% Ans-A Page 4 • CPT Mercantile Law Chapter - 6 Select Aspects of Indian Economy • CA. Dipti Lunawat Inflation Unit V[ Part2/2] Question No.1 Inflation refers to persistent ______movement in general price level. [A] Downward [B] Upward [C] Volatile [D] Fluctuating Ans-B Question No.2 For inflation to occur average price increase should be at least ____per year. [A] 5% [B] 4% [C] 6% [D] 7% Ans-A Question No.3 The price rise which occur because demand for goods and services is higher than their supply is called: [A] Demand pull inflation [B] Cost push inflation [C] Stagflation [D] Deflation Ans-A Page 5 • CPT Mercantile Law Chapter - 6 Select Aspects of Indian Economy • CA. Dipti Lunawat Inflation Unit V[ Part2/2] Question No.1 Inflation refers to persistent ______movement in general price level. [A] Downward [B] Upward [C] Volatile [D] Fluctuating Ans-B Question No.2 For inflation to occur average price increase should be at least ____per year. [A] 5% [B] 4% [C] 6% [D] 7% Ans-A Question No.3 The price rise which occur because demand for goods and services is higher than their supply is called: [A] Demand pull inflation [B] Cost push inflation [C] Stagflation [D] Deflation Ans-A Question No.4 ____refers to a situation where prices persistently rise because of growing factor costs. [A] Demand pull inflation [B] Cost push inflation [C] Stagflation [D] Deflation Ans-BRead More
|
124 videos|191 docs|88 tests
|
FAQs on MCQ - Inflation - Business Economics for CA Foundation
| 1. What is inflation and how is it measured? |  |
Ans. Inflation refers to the increase in the general level of prices for goods and services over a period of time. It reduces the purchasing power of money. Inflation is measured using various indices, such as the Consumer Price Index (CPI) or the Wholesale Price Index (WPI), which track the changes in prices of a basket of goods and services.
| 2. What are the causes of inflation? | |
Ans. Inflation can be caused by various factors, including an increase in the money supply, demand-pull inflation due to excessive consumer demand, cost-push inflation caused by an increase in production costs, such as wages or raw materials, and inflationary expectations among individuals and businesses.
| 3. How does inflation impact the economy and individuals? | |
Ans. Inflation can have both positive and negative impacts on the economy and individuals. On one hand, mild inflation can stimulate economic growth by encouraging spending and investment. On the other hand, high inflation erodes the purchasing power of money, reduces the value of savings, and can lead to economic instability. It can also increase the cost of borrowing and affect people on fixed incomes.
| 4. What are the measures taken by the central bank to control inflation? | |
Ans. Central banks use various monetary policy tools to control inflation. These include increasing interest rates to reduce borrowing and spending, tightening the money supply by selling government securities, adjusting reserve requirements for banks, and employing open market operations to influence liquidity in the economy. These measures aim to curb excessive inflation and maintain price stability.
| 5. How does inflation impact different sectors of the economy? | |
Ans. Inflation can impact different sectors of the economy differently. Some sectors, such as industries that produce essential goods like food and healthcare, may be less affected as the demand for these items tends to be relatively stable. However, sectors that rely heavily on imports or have high exposure to volatile raw material prices may experience greater cost pressures due to inflation. Businesses may pass on these increased costs to consumers, leading to higher prices for certain products and services.
Related Exams
About this Document
|
2K Views |
|
4.67/5 Rating |
|
Dec 20, 2024 Last updated |
Document Description: MCQ - Inflation for CA Foundation 2024 is part of Business Economics for CA Foundation preparation.
The notes and questions for MCQ - Inflation have been prepared according to the CA Foundation exam syllabus. Information about MCQ - Inflation covers topics
like and MCQ - Inflation Example, for CA Foundation 2024 Exam. Find important definitions, questions, notes, meanings, examples, exercises and tests below for MCQ - Inflation.
Introduction of MCQ - Inflation in English is available as part of our Business Economics for CA Foundation
for CA Foundation & MCQ - Inflation in Hindi for Business Economics for CA Foundation course.
Download more important topics related with notes, lectures and mock test series for CA Foundation
Exam by signing up for free. CA Foundation: MCQ - Inflation | Business Economics for CA Foundation
Description
Full syllabus notes, lecture & questions for MCQ - Inflation | Business Economics for CA Foundation - CA Foundation | Plus excerises question with solution to help you revise complete syllabus for Business Economics for CA Foundation | Best notes, free PDF download
Information about MCQ - Inflation
In this doc you can find the meaning of MCQ - Inflation defined & explained in the simplest way possible. Besides explaining types of
MCQ - Inflation theory, EduRev gives you an ample number of questions to practice MCQ - Inflation tests, examples and also practice CA Foundation
tests
|
124 videos|191 docs|88 tests
|
Download as PDF
|
Explore Courses for CA Foundation exam
|
|
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
Related Searches
video lectures
,past year papers
,mock tests for examination
,Exam
,Sample Paper
,practice quizzes
,Previous Year Questions with Solutions
,Free
,MCQ - Inflation | Business Economics for CA Foundation
,Summary
,MCQ - Inflation | Business Economics for CA Foundation
,ppt
,MCQs
,Important questions
,study material
,Extra Questions
,shortcuts and tricks
,Semester Notes
,Objective type Questions
,Viva Questions
,MCQ - Inflation | Business Economics for CA Foundation
;
Additional Information about MCQ - Inflation for CA Foundation Preparation
MCQ - Inflation Free PDF Download
The MCQ - Inflation is an invaluable resource that delves deep into the core of the CA Foundation exam.
These study notes are curated by experts and cover all the essential topics and concepts, making your preparation more efficient and effective.
With the help of these notes, you can grasp complex subjects quickly, revise important points easily,
and reinforce your understanding of key concepts. The study notes are presented in a concise and easy-to-understand manner,
allowing you to optimize your learning process. Whether you're looking for best-recommended books, sample papers, study material,
or toppers' notes, this PDF has got you covered. Download the MCQ - Inflation now and kickstart your journey towards success in the CA Foundation exam.
Importance of MCQ - Inflation
The importance of MCQ - Inflation cannot be overstated, especially for CA Foundation aspirants.
This document holds the key to success in the CA Foundation exam.
It offers a detailed understanding of the concept, providing invaluable insights into the topic.
By knowing the concepts well in advance, students can plan their preparation effectively.
Utilize this indispensable guide for a well-rounded preparation and achieve your desired results.
MCQ - Inflation Notes
MCQ - Inflation Notes offer in-depth insights into the specific topic to help you master it with ease.
This comprehensive document covers all aspects related to MCQ - Inflation.
It includes detailed information about the exam syllabus, recommended books, and study materials for a well-rounded preparation.
Practice papers and question papers enable you to assess your progress effectively.
Additionally, the paper analysis provides valuable tips for tackling the exam strategically.
Access to Toppers' notes gives you an edge in understanding complex concepts.
Whether you're a beginner or aiming for advanced proficiency, MCQ - Inflation Notes on EduRev are your ultimate resource for success.
MCQ - Inflation CA Foundation Questions
The "MCQ - Inflation CA Foundation Questions" guide is a valuable resource for all aspiring students preparing for the
CA Foundation exam. It focuses on providing a wide range of practice questions to help students gauge
their understanding of the exam topics. These questions cover the entire syllabus, ensuring comprehensive preparation.
The guide includes previous years' question papers for students to familiarize themselves with the exam's format and difficulty level.
Additionally, it offers subject-specific question banks, allowing students to focus on weak areas and improve their performance.
Study MCQ - Inflation on the App
Students of CA Foundation can study MCQ - Inflation alongwith tests & analysis from the EduRev app,
which will help them while preparing for their exam. Apart from the MCQ - Inflation,
students can also utilize the EduRev App for other study materials such as previous year question papers, syllabus, important questions, etc.
The EduRev App will make your learning easier as you can access it from anywhere you want.
The content of MCQ - Inflation is prepared as per the latest CA Foundation syllabus.
|
© EduRev
|
Education Revolution
|
Follow Us
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup