New RBI Grade B 2025 Notification will come Soon! Enroll Here

    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.

    Practice Next

    Relevant for Exams: