UPSC 2013 › Indian Economy › Inflation & Price Indices

2 questions · 2013 · answers as per the UPSC key

Take test Free Study this topic: Growth, Development and Planning
All years of Inflation & Price Indices · Full UPSC 2013 paper
UPSC 2013 · Q66 · Indian Economy › Inflation & Price Indices · Save

Consider the following statements :

  1. Inflation benefits the debtors.
  2. Inflation benefits the bond-holders.

Which of the statements given above is/are correct?

(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2
Show answer
Answer: (a) 1 only
UPSC 2013 · Q82 · Indian Economy › Inflation & Price Indices · Save

A rise in general level of prices may be caused by

  1. An increase in the money supply
  2. A decrease in the aggregate level of output
  3. An increase in the effective demand

Select the correct answer using the codes given below.

(a) 1 only
(b) 1 and 2 only
(c) 2 and 3 only
(d) 1, 2 and 3
Show answer
Answer: (d) 1, 2 and 3