UPSC PRELIMS · ECONOMICS · DEMAND-PULL INFLATION
With reference to Indian economy, demand-pull inflation can be caused/increased by which of the following? 1. Expansionary policies 2. Fiscal stimulus 3. Inflation-indexing wages 4. Higher purchasing power 5. Rising interest rates Select the correct answer.
Take a breath. Choose one. Press A–D on your keyboard if you like.
EXPLANATION
Expansionary policy, fiscal stimulus and higher purchasing power can raise aggregate demand and demand-pull inflation; rising interest rates work in the opposite direction.
More Economics practice
ECONOMICS · Indian Economy: Energy
Consider the following: 1. Battery storage 2. Biomass generators 3. Fuel cells 4. Rooftop solar photovoltaic systems How many of the above…
ECONOMICS · Indian Economy: Energy
Pumped-storage hydropower is mainly used for which one of the following purposes?
ECONOMICS · Indian Economy: Financial Markets
Collateral Borrowing and Lending Obligations are instruments of which one of the following markets?
ECONOMICS · Indian Economy: Agriculture
Which one of the following best describes the initiative '100 Million Farmers'?
Ready for the real thing?
Battle other aspirants in timed 1v1 Prelims duels, climb the rating ladder and keep your daily streak. Free and ad-free.