New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    What is Demand Pull

    Inflation?
    A Inflation due to high demand for goods and services Correct Answer Incorrect Answer
    B Inflation due to increase in production costs Correct Answer Incorrect Answer
    C Inflation due to decrease in demand for goods Correct Answer Incorrect Answer
    D None of the above Correct Answer Incorrect Answer

    Solution

    Demand Pull Inflation occurs when there is an increased demand for goods and services leading to an increase in their prices.

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