Question
What can be the possible steps to prevent inflation?
I. Change the monetary policy. II. Controlling the money supply. III. Higher Income Tax rate. IV. Invest in long-term investments. Which of the given above options are correct?Solution
Inflation faced by Indian consumers shot up to a nearly eight-year high of 7.8% from 6.95%. Prevention of inflation
- Change the monetary policy: The primary strategy is to change the monetary policy by adjusting the interest rates. Higher interest rates decrease the demand in the economy. This results in lower economic growth and therefore, lowers inflation.
- Controlling the money supply can also help in preventing inflation.
- Higher Income Tax rate can reduce spending, and hence resulting in lesser demand and inflationary pressures.
- Invest in long-term investments: When it comes to long-term investments, spending money now for investments can allow you to benefit from inflation in the future.
Choose the correct mirror image of the given figure (X) from amongst the four alternatives.
In the question, assuming the given statements to be true, find which of the conclusion (s) among given two conclusions is /are definitely true and the...
From the given answer figures, select the one in which the question figure is hidden.
Select the option that is embedded in the given figure.
Select the option in which the given figure X is embedded (rotation is not allowed).
Â
Select the option figure which is embedded in the given figure. (Rotation is not allowed).
Select the option in which the given figure is embedded.
From the given answer figure select the one in which the question figure is hidden/embedded in the same direction.
From the given answer figures, select the one in which the question figure is hidden/embedded.
Select the option in which figure is embedded.
Relevant for Exams:
