Inflation is defined as a situation where there is sustained, unchecked increase in the general price level and a fall in the purchasing power of money. Thus, inflation is a condition of price rise. The reason for price rise can be classified under two main heads (1) Increase in demand (2) Reduced supply (led by fall in production) Increasing the money supply faster than the growth in real output will cause inflation. The reason is that there is more money chasing the same number of goods. Therefore, the increase in monetary demand causes firms to put up prices. If the money supply increases at the same rate as real output, then prices will stay the same.
One Person Company shall file a copy of the financial statements duly adopted by its member, along with all the documents which are required to be attac...
If within 30 days the parties fail to appoint their arbitrators or the arbitrators fail to appoint the third arbitrator the arbitrator shall be appoint...
Pleadings are:
When did the Court Fees Act came into force?
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