GK
BANKING AWARENESS AND SEBI
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following is a reason for inflation?
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Deficit financing
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Structural deficiencies
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Growth in per capita income
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All of the above
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Explanation:
Detailed explanation-1: -Various demand and supply side factors cause inflation. 2. Which of the following is an effect of inflation? As a result of inflation, some sections like producers or big landlords gain due to the ownership of assets, income inequality increases.
Detailed explanation-2: -Based on speed, there are 4 different types of inflation – hyperinflation, galloping, walking, and creeping.
Detailed explanation-3: -A mismatch between demand and supply. When demand exceeds supply. Increase in money supply and fall in production. Due to changes in demand-side or supply-side or both. 20-Dec-2022
There is 1 question to complete.