Question : The basis for determining the dearness allowance of employees in India is:
Option 1: National Income
Option 2: Consumer Price Index
Option 3: Standard of living
Option 4: Per capita income
Correct Answer: Consumer Price Index
Solution : The correct answer is the Consumer Price Index.
The Consumer Price Index Numbers for Industrial Workers (CPI-IW) are used to fix and revise wages to calculate variable Dearness Allowances paid to employees in the organized sectors of the economy. The CPI (IW) is currently used as an indicator for determining the country's inflationary trends and for policy formulation, even though its coverage is restricted to industrial workers.
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Question : India is the largest producer and consumer of:
Option 1: Paddy
Option 2: Tea
Option 3: Coffee
Option 4: Sugar
Question : India accounts for what per cent of the total geographical area of the world?
Option 1: 3.2 per cent
Option 2: 5.2 per cent
Option 3: 4.8 per cent
Option 4: 2.4 per cent
Question : Which among the following is the sole note-issuing authority in India?
Option 1: Industrial Finance Corporation of India
Option 2: National Payments Corporation of India
Option 3: Reserve Bank of India
Option 4: State Bank of India
Question : Concerning communication, 'Doordarshan' in India is a___________.
Option 1: national web browser
Option 2: national radio channel
Option 3: national television channel
Option 4: national newspaper
Question : Census 2011 was the ______ National Census of India.
Option 1: 11th
Option 2: 20th
Option 3: 17th
Option 4: 15th
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