Question
In the context of Inflation, consider the following
statements: 1. Base Effect is the impact of the price levels of the previous year on the calculation of the inflation rate. 2. Decrease in the Cash Reserve Ratio can increase Inflation in the economy. Which of the statements given above is/are incorrect?Solution
Base Effect Refers to the impact of an increase in the price level (i.e. previous year's inflation) over the corresponding rise in price levels in the current year (i.e., current inflation). Cash Reserve Ratio (CRR) is the share of a bank’s total deposit that is mandated by the Reserve Bank of India (RBI) to be maintained with the latter as reserves in the form of liquid cash. When the cash reserve ratio is minimised, commercial banks will have more funds and hence, the money supply of the banking system will increase. When there is a rise in the money supply, excessive funds will result in high inflation.
Answer the questions based on the information given below.
A & B means A is greater than B
A * B means A is not greater than B
A ...
Statements: M % N, N & A, A @ B, B # C
Conclusions: I. C & AÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â II. M # B
...Statements: R > S > T ≥ U; Q ≥ R; W = V < U
Conclusions:
I. S > Q
II. W < T
III. Q > W
In the following question the relationship between different elements is given in the statements followed by three conclusions I, II and III. Read the...
In the question, assuming the given statements to be true, find which of the conclusion (s) among given three conclusions is /are definitely true and ...
Statements:
N < P ≤ I = O; P ≥ J ≥ K ≥ W; Z ≤ M ≤ W
Conclusions:
I) O > Z
II) O = Z
...Statements: M $ K; K & N, N % R, R @ W
Conclusions:Â Â Â Â Â
I. W & KÂ Â Â Â Â Â Â Â
II. K & WÂ Â Â Â Â Â Â Â Â Â Â Â ...
Statements: I ≥ E = S > J < N > V > Q ≤ O
Conclusion
I: I > S
II: Q < N
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...
Statements: F > V > W ≥ L > G; F ≤ O = M < I
Conclusions: I. M > LÂ Â Â II. V < I
