60s

SSC GD General Awareness Economy Medium Practice Question

Learn + Solve: Shortcut, Trap & Fast Route Click to view shortcut, steps, and common mistake

Shortcut used: Identify the fact category first, then eliminate options that are historically, geographically, or constitutionally impossible.

Solve in 3 steps:

Decide whether the question is static GK, current affairs, polity, history, geography, or science.
Recall the exact fact or nearest anchor fact.
Eliminate options that conflict with that fact.

Common mistake: Do not use arithmetic or analogy shortcuts for General Awareness facts.

Question 1 Multiple Choice Question

Question

What is the economic term for a sustained rise in the general price level of goods and services over time?

Explanation

Correct Answer: B

ANSWER

Correct Answer: B

Method / Topic: Economy

A sustained general rise in prices is called inflation.

Why this answer is correct

The correct option matches the accepted factual reference for this topic.

Short Explanation

A sustained general rise in prices is called inflation.

Detailed Explanation

Question

What is the economic term for a sustained rise in the general price level of goods and services over time?

ANSWER

Correct Answer: B

Method / Topic: Economy

Inflation is a sustained increase in the general price level of goods and services, reducing the purchasing power of money. Deflation is the opposite, recession is a decline in economic activity, and depreciation refers to a fall in value. Therefore option B is correct.

Need the full method?

See full explanation + shortcut trick

Compare the quick idea with the premium step-by-step explanation and faster solving trick for this pattern.

Unlock Full Explanation

Ad Placeholder

Reserved for a low-distraction question-page sponsor slot.

Question 1

Medium Marks: 2.0 Practice Question

Learn + Solve: Shortcut, Trap & Fast Route Click to view shortcut, steps, and common mistake

Shortcut used: Identify the fact category first, then eliminate options that are historically, geographically, or constitutionally impossible.

Solve in 3 steps:

Decide whether the question is static GK, current affairs, polity, history, geography, or science.
Recall the exact fact or nearest anchor fact.
Eliminate options that conflict with that fact.

Common mistake: Do not use arithmetic or analogy shortcuts for General Awareness facts.

Question

What is the economic term for a sustained rise in the general price level of goods and services over time?

Explanation

Correct Answer: B

ANSWER

Correct Answer: B

Method / Topic: Economy

A sustained general rise in prices is called inflation.

Why this answer is correct

The correct option matches the accepted factual reference for this topic.

Short Explanation

A sustained general rise in prices is called inflation.

Detailed Explanation

Question

What is the economic term for a sustained rise in the general price level of goods and services over time?

ANSWER

Correct Answer: B

Method / Topic: Economy

Inflation is a sustained increase in the general price level of goods and services, reducing the purchasing power of money. Deflation is the opposite, recession is a decline in economic activity, and depreciation refers to a fall in value. Therefore option B is correct.

Locked premium value

See full explanation + shortcut trick

Use the free answer check first, then unlock the complete breakdown, shortcut path, and richer explanations for similar questions.

Unlock Full Explanation

Ad Placeholder

Reserved for a low-distraction question-page sponsor slot.

Topic Practice

Related Topics

Question Palette

1

Keep Navigating