Question
Which of the following statements about inflation types is/are INCORRECT?
Which of the following statements about inflation types is/are INCORRECT?
I. Demand-pull inflation arises when aggregate demand in an economy persistently exceeds aggregate supply, drawing prices upward across sectors.
II. Cost-push inflation is caused by a reduction in the money supply, which restricts purchasing power and raises prices.
III. Stagflation refers to a situation where high inflation coexists with high economic growth and low unemployment.
More Economic and Social Issues ESI Questions
- Under the “Mission for Aatmanirbharta in Pulses,” central agencies will procure Tur, Urad, and Masoor for how many years?
- As per the prediction of the same report, the growth of advance economies will fall from 2.7% to ________.
- The Gini Coefficient is a standard measure of income or wealth inequality derived from the Lorenz Curve. Which of the following correctly explains the Gini...
- Under the new direct tax regime, the tax rate for income between ₹16 lakh and ₹20 lakh per annum is:
- Which of the following items are considered as One-District One-Product (ODOP) under PM FME Scheme? (I)- Perishable agri-produce (II)- Cereal based produ...
- What is the primary objective of the Unified Portal for Agricultural Statistics (UPAg Portal)?
- What is the new loan limit under the Kisan Credit Card (KCC) modified interest subvention scheme as announced in the Union Budget 2025–26?
- The government as announced in the Union Budget 2025–26 a six-year “Mission for Aatmanirbharta in Pulses” focusing on which three pulses?
- Agriculture Census is conducted every 5 years, which is being undertaken now after delay due to corona pandemic. The field work of agricultural census will...
- What is the estimated fiscal deficit target for FY 2025–26 as announced in the Union Budget 2025–26?
Hey! Ask a query
Please enter email id
The email must be a valid email address.
Please enter Mobile Number
Please enter valid Mobile Number
Please enter your Doubt
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
- 200 Questions with Detailed Solutions
- Section-wise Coverage (GA, English, Quant & Reasoning)