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Questions and Answers
What are the two main types of inflation mentioned in the text?
What are the two main types of inflation mentioned in the text?
- Hyperinflation and Deflation
- Monetary and Fiscal
- Demand Pull and Cost Push (correct)
- Seasonal and Structural
Which authority is primarily responsible for managing inflation in India?
Which authority is primarily responsible for managing inflation in India?
- SEBI
- RBI (correct)
- GoI
- MPC
What is the key objective of monetary policy mentioned in the text?
What is the key objective of monetary policy mentioned in the text?
- Stimulating Economic Growth
- Maintaining Price Stability (correct)
- Promoting Unemployment
- Controlling Government Spending
Which tool is NOT typically used as a quantitative tool of monetary policy?
Which tool is NOT typically used as a quantitative tool of monetary policy?
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What is the impact of inflation on creditors?
What is the impact of inflation on creditors?
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Which concept refers to the phenomenon where inflation rates are affected by changes in the price levels from a previous period?
Which concept refers to the phenomenon where inflation rates are affected by changes in the price levels from a previous period?
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