By / Price Movement and Food Management – MCQs 📘 Chapter 5: Price Movement and Food Management – MCQs Q1. What was the average inflation rate in Himachal Pradesh during FY2023–24 (based on Consumer Price Index)? A. 6.5% B. 5.8% C. 5.1% D. 4.9% Q2. Inflation in Himachal Pradesh is primarily measured using: A. Wholesale Price Index (WPI) B. GDP Deflator C. Consumer Price Index (CPI) for Industrial Workers D. Producer Price Index Q3. Which commodity group had the highest contribution to inflation in FY2023–24? A. Clothing & Footwear B. Fuel & Light C. Food & Beverages D. Education Q4. The CPI-IW is released every month by: A. NSO B. RBI C. Ministry of Labour and Employment D. NITI Aayog Q5. What was the average CPI-IW value for Himachal Pradesh in FY2023–24? A. 135.8 B. 137.9 C. 139.2 D. 140.5 Q6. What is the Monthly Wholesale Price Index (WPI) used for? A. Measuring retail price trends B. Tracking core inflation C. Measuring inflation in bulk trade and primary commodities D. Tax estimation Q7. What was the trend in WPI for Himachal Pradesh in FY2023–24? A. Increasing trend B. Stable throughout C. Fluctuating with a decline in fuel prices D. Sharp rise due to food prices Q8. The Public Distribution System (PDS) in Himachal Pradesh is managed by: A. Central Warehousing Corporation B. HP State Civil Supplies Corporation C. NABARD D. Food Corporation of India Q9. What is the main function of the HP State Civil Supplies Corporation? A. Tax collection B. Agricultural procurement C. Procurement, storage, and distribution of essential commodities D. Water supply management Q10. Which essential commodities are distributed under the PDS in Himachal Pradesh? A. Wheat, Rice, Sugar, Kerosene B. Pulses, Oil, Fertilizers C. Vegetables, Oil, Rice D. LPG, Petrol, Wheat Q11. What was the key objective of food management policy in Himachal Pradesh? A. Increasing prices to control demand B. Maintaining buffer stocks and ensuring price stability C. Exporting surplus grains D. Substituting PDS with private supply chains Q12. What mechanism is used to track price rise trends for industrial workers in Himachal? A. CPI-Rural B. CPI-Urban C. CPI-IW D. WPI-Farm Gate Q13. The rise in food prices in FY2023–24 was mainly due to: A. International oil prices B. Erratic monsoon and crop losses C. Urban migration D. Export restrictions
