Consider the following statements with reference to headline inflation:
I. It is a measure of inflation excluding the commodities which tend to be more volatile.
II. The headline inflation based on the Consumer Price Index - Combined.
III. Headline inflation is showing a declining trend from last 10 years
Which of the statements given above is/are not correct?
Headline inflation is a measure of the total inflation within an economy, including commodities such as food and energy prices (e.g., oil and gas), which tend to be much more volatile and prone to inflationary spikes. Statement 1 is not correct - On the other hand, "core inflation" (also non-food-manufacturing or underlying inflation) is calculated from a consumer price index minus the volatile food and energy components. Hence, Statement 2 is correct - Headline inflation based on the Consumer Price Index – Combined (CPI-C) has been declining continuously for the last five years. Statement 3 is not correct - Headline CPI inflation declined to 3.4 % in 2018-19 from 3.6 % in 2017-18, 4.5 % in 2016-17, 4.9 % in 2015-16 and 5.9 % in 2014-15.
Statements:
Atleast some Oranges are Apple
Only Apple is Mango
Only a few Watermelons are Orange
Conclusions:
...
Statements:
Some fabrics are silks.
Some silks are cottons.
Conclusions:
I. At least some cottons are silks
II....
Statements: some record are folder.
No folder is a data.
...
Statements:
All pillow are blankets.
All blankets are quilts.
All quilts are cushions.
Conclusions:
I. Some cushions...
Statements:
Only a few P is Q.
No Q is R.
Only a few R is S.
All S is T.
Conclusions:
I). Some T is ...
Statements:
All pineapple are peach.
All peach are cherry.
All cherry are papaya.
Conclusions:
I. All cherry ar...
Direction: In the given question a statement is followed by two conclusions numbered I and II. You have to assume everything in the statement to be tru...
Statements-:
Some Reds are blues.
No Blues are white.
Some Blacks are white.
Conclusions-:
I. All black are def...
Statement
Only Girls are boy
Some girls are men
No men is women
Conclusion
I. Some boy is women
II. Some...
Read the given statements and conclusions carefully. Assuming that the information given in the statements is true, even if it appears to be at varianc...
