A rapid increase in the rate of inflation is sometimes attributed to the "base effect". What is "base effect"?

A rapid increase in the rate of inflation is sometimes attributed to the “base effect”. What is “base effect”?

[UPSC Civil Services Exam – 2011 Prelims]

(a) It is the impact of drastic deficiency in supply due to failure of crops

(b) It is the impact of the surge in demand due to rapid economic growth

(c) It is the impact of the price levels of previous year on the calculation of inflation rate

(d) None of the statements (a), (b) and (c) given above is correct in this context

Answer: (c)

Explanation:

The base effect refers to the impact of the rise in the price level (i.e. last year’s inflation) in the previous year over the corresponding rise in price levels in the current year (i.e., current inflation).

Which one of the following Schedules of the Constitution of India contains provisions regarding anti-defection?

The provisions in Fifth Schedule and Sixth Schedule in the Constitution of India are made in order to

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Consider the following statements: The Parliament of India can place a particular law in the Ninth Schedule of the Constitution of India. The validity of a law placed in the Ninth Schedule cannot be examined by any court and no judgement can be made on it. Which of the statements given above is/are correct?

Consider the following statements:

Consider the following statements: The Parliament of India can place a particular law in the Ninth Schedule of the Constitution of India. The validity of a law placed in the Ninth Schedule cannot be examined by any court and no judgement can be made on it. Which of the statements given above is/are correct?

Consider the following statements:

Under which Schedule of the Constitution of India can the transfer of tribal land to private parties for mining be declared null and void?

Under which Schedule of the Constitution of India can the transfer of tribal land to private parties for mining be declared null and void? [UPSC

The Ninth Schedule was introduced in the Constitution of India during the prime ministership of

The Ninth Schedule was introduced in the Constitution of India during the prime ministership of [UPSC Civil Services Exam – 2019 Prelims] (a) Jawaharlal Nehru

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Which one of the following Schedules of the Constitution of India contains provisions regarding anti-defection?

The provisions in Fifth Schedule and Sixth Schedule in the Constitution of India are made in order to

Under which Schedule of the Constitution of India can the transfer of tribal land to private parties for mining be declared null and void?

The Ninth Schedule was introduced in the Constitution of India during the prime ministership of

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Categories

Which one of the following Schedules of the Constitution of India contains provisions regarding anti-defection?

The provisions in Fifth Schedule and Sixth Schedule in the Constitution of India are made in order to

Under which Schedule of the Constitution of India can the transfer of tribal land to private parties for mining be declared null and void?

The Ninth Schedule was introduced in the Constitution of India during the prime ministership of

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Download Neyyar App

Download
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