Welcome to your 08 March 2023 Daily Quiz

1.Consider the following statements about recently emerging sectors of the economy. 1. The quaternary sector requires people with special knowledge and innovation. 2. People involved in high-level decision-making are part of the Quinary sector. 3. Both white-collar and gold-collar professions are part of the service sector. Which of the above statements are correct?

2.Which of the following come under the ‘core sectors’ of the Indian economy? 1. Refinery products 2. Agriculture 3. Electricity 4. Steel 5. Fertilizers 6. Natural gas 7. Banking Select the correct answer using the code given below.

3.Consider the following statements about recently emerging sectors of the economy. 1. The quaternary sector requires people with special knowledge and innovation. 2. People involved in high-level decision-making are part of the Quinary sector. 3. Both white-collar and gold-collar professions are part of the service sector. Which of the above statements are correct?

4.Which of the following statements about the Index of Industrial Production (IIP) is incorrect?

5.Consider the following statements about disinvestment of Public Sector Enterprises (PSEs). 1. If a PSE is strategically disinvested, the government loses managerial control in it. 2. Under the minority sale of a PSE, government can sell a maximum of 49% of its stake. Which of the above statement(s) is/are correct?

6.. Which of the following statements correctly defines inflation?

7.Consider the following statements about ‘demand-pull inflation? 1. The root cause of this inflation lies in structural bottlenecks of the economy. 2. Inflationary gap situation can give rise to this inflation. 3. Reduction in wages may help in addressing this inflation. Which of the above statements are correct?

8.Which of the following is not a causal factor for ‘cost-push inflation?

9.Which of the following statement(s) about ‘stagflation’ is/are correct? 1. In this situation, both employment and price levels rise reducing the overall impact of inflation. 2. Demand-pull inflation if not addressed early can lead to stagflation. Select the correct answer using the code given below.

10.Which of the following statements is correct?

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