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Which of the following assumptions is/are valid? · UPSC CSE Prelims

Inference & Conclusion

Passage

How is deflation done? Most countries use a method called 'double deflation', where input and output prices are deflated separately. Consider a manufacturer importing oil for use in production. If oil prices fall, output prices do not and quantities remain the same, real value added should not change. But if the same deflator is used for inputs and outputs, as in India, it would look as if the manufacturer had become more productive.

Inference & Conclusion

Comprehension · PYQ 2026

Which of the following assumptions is/are valid?

1.Deflation strategies can be used to make manufacturers appear to be doing better than they actually are.

2.When input and output prices are both deflated against a single input price, it is referred to as 'double deflation'.

Select the answer using the code given below.

Discussion

Answer to join the discussion

  • For you
  • New
  • HIHistory of India
  • GEGeography
  • IPIndian Polity & Governance
  • ESEconomic & Social Development
  • EEEnvironment & Ecology
  • GSGeneral Science & Technology
  • CACurrent Affairs
  • COComprehension
  • LRLogical Reasoning & Analytical Ability
  • DMDecision Making & Problem Solving
  • ICInterpersonal & Communication Skills
  • BNBasic Numeracy & Data Interpretation

Biodiversity

Environment & Ecology · PYQ 2025

Regarding Peacock tarantula (Gooty tarantula), consider the following statements:

I. It is an omnivorous crustacean.

II. Its natural habitat in India is only limited to some forest areas.

III. In its natural habitat, it is an arboreal species.

Which of the statements given above is/are correct?

1

Money, Banking & RBI

Economic & Social Development · PYQ 2019

Which of the following is not included in the assets of a commercial bank in India?

Reports & Indices

Current Affairs · PYQ 2015

Which of the following brings out the ‘Consumer Price Index Number for Industrial Workers’?

Gupta & Post-Gupta Age

History of India · PYQ 2020

With reference to the period of Gupta dynasty in ancient India, the towns Ghantasala, Kadura and Chaul were well known as

Schemes & Initiatives in News

Current Affairs · PYQ 2019

Atal Innovation Mission is set up under the

Rights, DPSP & Duties

Indian Polity & Governance · PYQ 2021

Under the Indian Constitution, concentration of wealth violates

International Relations & Organisations

Current Affairs · PYQ 2015

India is a member of which among the following?

1.Asia-Pacific Economic Cooperation

2.Association of South-East Asian Nations

3.East Asia Summit

Select the correct answer using the code given below.

Inference & Conclusion

Comprehension · PYQ 2016

Passage

Historically, the biggest challenge to world agriculture has been to achieve a balance between demand for and supply of food. At the level of individual countries, the demand-supply balance can be a critical policy issue for a closed economy, especially if it is a populous economy and its domestic agriculture is not growing sufficiently enough to ensure food supplies, on an enduring basis; it is not so much and not always, of a constraint for an open, and growing economy, which has adequate exchange surpluses to buy food abroad. For the world as a whole, supply-demand balance is always an inescapable prerequisite for warding off hunger and starvation. However, global availability of adequate supply does not necessarily mean that food would automatically move from countries of surplus to countries of deficit if the latter lack in purchasing power. The uneven distribution of hunger, starvation, under- or malnourishment, etc., at the world-level, thus owes itself to the presence of empty-pocket hungry mouths, overwhelmingly confined to the underdeveloped economies. Inasmuch as ‘a two-square meal’ is of elemental significance to basic human existence, the issue of worldwide supply of food has been gaining significance, in recent times; both because the quantum and the composition of demand has been undergoing big changes, and because, in recent years, the capabilities of individual countries to generate uninterrupted chain of food supplies have come under strain. Food production, marketing and prices, especially price-affordability by the poor in the developing world, have become global issues that need global thinking and global solutions.

According to the above passage, which of the following helps/help in reducing hunger and starvation in the developing economies?

1.Balancing demand and supply of food

2.Increasing imports of food

3.Increasing purchasing power of the poor

4.Changing the food consumption patterns and practices

Select the correct answer using the code given below:

Relations, Directions & Calendars

Logical Reasoning & Analytical Ability · PYQ 2026

A person facing the East travels 4 km straight and then turns right and travels 3 km, then further turns left and travels 2 km and finally turns left and travels 3 km. The minimum distance between the final point and the initial point, and the direction in which the person is facing at the final point are, respectively

International Relations & Organisations

Current Affairs · PYQ 2023

Consider the following statements:

The 'Stability and Growth Pact' of the European Union is a treaty that

1.limits the levels of the budgetary deficit of the countries of the European Union

2.makes the countries of the European Union to share their infrastructure facilities

3.enables the countries of the European Union to share their technologies

How many of the above statements are correct?

Number System

Basic Numeracy & Data Interpretation · PYQ 2020

Let XYZ be a three-digit number, where (X + Y + Z) is not a multiple of 3. Then (XYZ + YZX + ZXY) is not divisible by

Defence Technology

General Science & Technology · PYQ 2022

Which one of the following statements best reflects the idea behind the "Fractional Orbital Bombardment System" often talked about in media?

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