Inflation

Indian Economic System(MPPCS)

Title

45:30

8 of 24 completed

5 of 15 completed

38 of 100 completed

8 of 20 completed

Indian Economy - Understanding the basics of Indian economic system

Assertion (A): Inflationary gap is caused by excess demand.

Reason (R) : Excess demand is due to scarcity of supply of money.

Code:

Both A and R tare individually true and R is the correct explanation of A

Both A and R are individually true, but R is not the correct explanation of A

A is true, but R is false

A is false, but R is true

Reason is incorrect. Excess demand is not due to scarcity of supply of money.