Question
Which statement is correct regarding the situation of
Inflation in an Economy?Solution
Inflation reflects a reduction in the purchasing power of money. For example, XYZ Ltd. buys 10 litre of Petrol @ Rs.75 per litre from Indian Oil, thereby spending a total of Rs.750 on petrol. After one month petrol price is increased to Rs.80 per litre. Now, XYZ Ltd would be able to purchase only 9.38 litre petrol from Rs.750/- as against 10 litre petrol from the same Rs.750 one month ago. Hence purchasing power of money (Rs.750) reduced due to inflation. Inflation will always reduce the value of money unless interest rates are higher than inflation.
Which of the following correctly matches the scientist with their discovery?
Select the incorrect statement :
Which of the following statements is not correct for Restriction enzymes ?
Which cellular organelle is referred to as the "storehouse of the cell"?
Which of the following is not an example of asexual reproduction?
_______is a pure substance.
Which of the following is NOT a symptom of Amoebiasis?
Match the following placental mammals with their marsupial counterparts:
The terminal part of the carpel in a flower, which may be sticky, is the:
Measles is caused by ______.
