Currency/Inflaction :

1. Minimum inflation in post economy reforms was in…………..

Ans. 1999-2000

2. The cause of inflation is …………………

Ans. Increase in money supply and fall in production

3. The inflation experienced in the country at present is ………………

Ans. Cost-plus inflation

4. Who benefitted most from inflation ?

Ans. Debtors

5. Which can be used for the checking inflation temporarily ?

Ans. Decrease in money supply

6. The effect of inflation on tax revenue results in a situation known as ………………

Ans. Fiscal drag

7. The best means of saving during inflation is to keep……………..

Ans. Money

8. Inflation implies ………………..

Ans. rise in general price index

9. An essential attribute of inflation is …………………..

Ans. increase in price

10. The situation with increasing unemployment and inflation is termed as ………………

Ans. stagflation