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.
He said to her, "I will meet you here tomorrow."
You have to finish painting this fence by Friday.
The teacher said to his students, " Health is wealth, whatever you may say."
Change the following sentence to Direct Speech.
The lady replied that she was busy that evening.
Choose the option that is the direct form of the sentence.
The counter clerk asked me what my mobile number was.
The manager gave her a negative feedback during her performance appraisal.
Select the most appropriate option expressed in indirect speech.
“What a nice man Mr Sharma is !” one of the guests at the party said.
Select the option that expresses the given sentence in indirect speech.
My uncle said, “ Just my luck! I’ve missed the bus again.”
The jeweller said to us, "These diamonds are polished here."
