Consider the following statements regarding the measurement of rate of inflation.<br>Statement I The rate of inflation is measured on the basis of price indices which are of two kinds-Wholesale Price Index (WPI) and Consumer Price Index (CPl).<br>Statement II A price index is a measure of the average level of prices.<br>Statement III Price index shows the exact price rise or fall of a single good.

Given below are two statements, one labelled as Assertion (A) and the other labelled as Reason (R). Read the statements and choose the correct answer:
Assertion (A) The nominal interest rate comprises of a real interest rate and an expected rate of inflation and it adjusts when the inflation rate is expected to change. Hence, in the perfect international capital markets, real rate of returns are equal in the two countries.
Reason (R) The international fisher effects states that the nominal interest rate differential must be equal to the expected inflation rate differential In the two countries.

A

Both (A) and (R) are correct and (R) is the right explanation of (A)

B

Both (A) and (R) are correct, but (R) is not the right explanation of (A)

C

(A) is correct, but (R) is not correct

D

Both (A) and (R) are incorrect

Good 'Y' is the substitute for good 'X' if
1. A fall in the price of good X leads to the fall in the marginal utility of good Y.
2. A fall in the price of good X leads to the fall in the quantity purchased of good Y. Select the correct answer

A

Only 1

B

Only 2

C

Both 1 and 2

D

Neither 1 nor 2

A cam should be designed only using uniform rise and fall within half of the cam, the remaining is dwell period, and without any dwell period in between the rise -fall periods and rise and fall periods should be same. The maximum rise in follower is 30 mm. How much the follower will rise when the follower is 120 degrees from its initial position of a cam?

A

30

B

20

C

15

D

10

A cam should be designed only using uniform rise and fall within half of the cam, the remaining is dwell period, and without any dwell period in between the rise-fall periods and rise and fall periods should be same. The maximum rise in follower is 45 mm. How much the follower will rise when the follower is 45 degrees from its initial position of a cam?

A

22.5

B

0

C

30

D

15

A cam should be designed only using uniform rise and fall within the second half of cam profile, the first half is dwell period, without any dwell period in between the rise and fall periods and rise and fall periods should be same. The maximum rise in follower is 45 mm. How much the follower will rise when the follower is 120 degrees from its initial position of a cam?

A

15

B

30

C

20

D

0

A cam should be designed only using uniform rise and fall within the second half of cam profile, the first half is dwell period, without any dwell period in between the rise and fall periods and rise and fall periods should be same. The maximum rise in follower is 55 mm. How much the follower will rise when the follower is 240 degrees from its initial position of a cam?

A

18.3

B

0

C

27.5

D

36.6

A cam should be designed only using uniform rise and fall within first half of cam profile, the remaining is dwell period, and without any dwell period in between the rise-fall periods and rise and fall periods should be same. The maximum rise in follower is 35 mm. How much the follower will rise when the follower is 240 degrees from its initial position of a cam?

A

17.5

B

11.6

C

0

D

23.3

Consider the following statements and choose the correct answer:
1. A direct proportionality exists between vapour pressure and the concentration of water vapour in the atmosphere
2. Relative humidity is an expression of the ratio of the actual vapour pressure of the atmosphere when saturated at the same temperature
3. A rise or fall in temperature with no change in vapour pressure will cause a drop or rise, respectively, in relative humidity
4. A rise or fall in vapour pressure with no change in temperature will be accompanied by a rise or fall, respectively, in relative humidity

A

1, 2, 3 and 4 are true

B

Only 3 and 4 are true

C

Only 2 and 4 are true

D

Only 1, 2 and 3 are true

If the demand for a good is price elastic, a fall in its price will lead to:
(i) A rise in sales
(ii) A fall in sales
(iii) A rise in total expenditure on the good
(iv) A fall in total expenditure on the good

A

(i) and (iii) only

B

(i) and (vi) only

C

(ii) and (iii) only

D

(ii) and (iv) only

Consider the following with respect to the term 'Core Inflation': A) Core Inflation is the inflation rate of a particular basket of commodities. B) Core Inflation is the sudden increase in prices of certain items of food grains.C) Core inflation is caused by supply shock in certain essential commodities.

A

Only A

B

Only B

C

Only C

D

Only A and B