Economy

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2 questions

2021 · Question 10 · Inflation
Which one of the following is likely to be the most inflationary in its effects?
Choose your answer(a)Repayment of public debt(b)Borrowing from the public to finance a budget deficit(c)Borrowing from the banks to finance a budget deficit(d)Creation of new money to finance a budget deficit
Source: UPSC, Civil Services (Preliminary), General Studies Paper I (opens in a new tab)
2021 · Question 12 · 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 using the code given below.
Choose your answer(a)1, 2 and 4 only(b)3, 4 and 5 only(c)1, 2, 3 and 5 only(d)1, 2, 3, 4 and 5
Source: UPSC, Civil Services (Preliminary), General Studies Paper I (opens in a new tab)