At present, index is being developed only for residential housing sector, However at a later stage, the index could be expanded to develop separate indices for commercial property and land, Primary data on housing pries is being collected from real estate agents by commissioning the services of private consultancy/research organisations of national repute.

Correct Option: C

At present, index is being developed only for residential housing sector, However at a later stage, the index could be expanded to develop separate indices for commercial property and land, Primary data on housing pries is being collected from real estate agents by commissioning the services of private consultancy/research organisations of national repute. In addition, data on housing prices is also being collected from the housing finance companies and banks which is based on housing loans contracted by these institutions.

Inclusive growth is a concept which includes equitable allocation to very section of society.

Correct Option: C

Inclusive growth is a concept which includes equitable allocation to very section of society. It creates an environment of equality in opportunity in all dimensions such as employment creation, market, consumption, and production and has created a platform for people who are poor to access a good standers of living.

The money market consists of financial institutions and dealers in money of credit who wish to either borrow or lend.

Correct Option: B

The money market consists of financial institutions and dealers in money of credit who wish to either borrow or lend. Participants borrow and lend for short periods of time, typically up to thirteen months. Money market trades in short-term financial instruments commonly called "paper."

Inflation is a persistent increases in the general price level of goods and services in an economy over a period of time. When the general price level rises, each unit of currency buys fewer goods and services. Consequently, inflation reflects a reduction in the purchasing power per unit of money - a loss of real value.High inflation means excessive supply of money and thus leads to rise in the cost of credit and interest rates.
Higher inflation leads to reduction in economic growth, decrease in cost of credit, increase in spending rather than saving as the value of money is declining.

Correct Option: D

Inflation is a persistent increases in the general price level of goods and services in an economy over a period of time. When the general price level rises, each unit of currency buys fewer goods and services. Consequently, inflation reflects a reduction in the purchasing power per unit of money - a loss of real value.High inflation means excessive supply of money and thus leads to rise in the cost of credit and interest rates.
Higher inflation leads to reduction in economic growth, decrease in cost of credit, increase in spending rather than saving as the value of money is declining.

Between 1951 and 2000 the share of agriculture in GDP fell from around 59% to around 25%. Share of the services sector in GDP was more than industrial sector. Between 1951 and 2000 it was around 28% for services and 13% for manufacturing In 1950. in 1990 it was around 40% Service and 24% manufacturing. It was around 51% services in 2000.

Correct Option: D

Between 1951 and 2000 the share of agriculture in GDP fell from around 59% to around 25%. Share of the services sector in GDP was more than industrial sector. Between 1951 and 2000 it was around 28% for services and 13% for manufacturing In 1950. in 1990 it was around 40% Service and 24% manufacturing. It was around 51% services in 2000.