BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following is not a reason for demand pull inflation?
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Shortage of consumer goods
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More exports
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Economic growth
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Less import
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Explanation:
Detailed explanation-1: -With reference to the demand-pull inflation, which of the following is not the factor responsible for demand-pull inflation? Increasing foreign exchange reserve.
Detailed explanation-2: -This type of inflation is caused due to an increase in aggregate demand in the economy.
Detailed explanation-3: -Demand-pull inflation is a type of inflation that occurs when there is an increase in demand for goods and services. This type of inflation is typically caused by overall economic growth, technological innovations, or a rising inflation rate.
Detailed explanation-4: -Increase in capital goods is not a factor in demand.
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