Multiple Choice Questions on The situation of very high inflation running in double or triple digit is ........ for SEBI Grade A ( Officer) Exam Preparation

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Multiple Choice Questions

The situation of very high inflation running in double or triple digit is ........

Finance (Phase -I & II) Inflation Trends
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    The situation of very high inflation running in double or triple digit is:

    Creeping Inflation

    Incorrect Answer

    Moderate Inflation:

    Incorrect Answer

    Galloping Inflation:

    Correct Answer

    None of the above

    Incorrect Answer
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    Explanation:

    Galloping Inflation:

    This is situation of very high inflation running in double or triple digit i.e. 50%, 100%, 200% etc. The value of money loses very fast. In 1970s and 1980s many Latin American countries experienced such type of inflation.

    By: Vikas Goyal
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