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Q:

Stagflation is a period of _______.

A) Persistent high inflation combined with high unemployment B) Persistent high inflation combined with low unemployment
C) Persistent low inflation combined with high unemployment D) Persistent low inflation combined with low unemployment

Answer:   A) Persistent high inflation combined with high unemployment



Explanation:
Subject: Indian Economy
Exam Prep: CAT
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Answer & Explanation Answer: C) 11

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An increase in the money supply will cause interest rates to ___________.

 

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In which area is the public sector most dominant in India?

 

A) Organised term lending financial instistutions B) Transport
C) Commerical banking D) Steel production
 
Answer & Explanation Answer: C) Commerical banking

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India was ranked at which place among emerging economies on Inclusive Development Index (IDI-2018) released by World Economic Forum (WEF)?

 

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Answer & Explanation Answer: C) 62nd

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What was the major decision that took place in 1987 Montreal Conference?

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Answer & Explanation Answer: A) Developed countries will completely ban CFC production by 2000

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Which of the following should always be balanced in the foreign trade of India?

 

 

A) Balance of Trade B) Balance of Paymen
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Answer & Explanation Answer: B) Balance of Paymen

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