Which of the following factors could potentially contribute to stagflation in the Indian economy? 1. High inflationary pressures due to increased Government spending 2. Decline in industrial production and sluggish economic growth 3. Decrease in aggregate demand and consumer spending 4. Appreciation of the domestic currency leading to reduction of export competitiveness Select the correct answer using the codes given below.

With reference to the Indian economy, consider the following statements : 1. An increase in Nominal Effective Exchange Rate (NEER) indicates the appreciation of rupee. 2. An increase in the Real Effe…

Which of the following statements is/are correct? 1. GDP deflator captures the average price of an unchanging basket of commodities that constitutes the GDP of the country. 2. GDP deflator can be use…

Which of the following statements are correct regarding Exchange Rate Determination in India ? 1. Real Effective Exchange Rate (REER) - Measure of the value of a country's currency against a basket o…

Which of the following statements is/are correct? 1. A price index captures the change in the average price of a constant basket of commodities. 2. If the price index takes values 100, 110, and 121 i…

Which one of the following is a measure that can be used by the Government for combating inflation?