It has been generally viewed that when an economy grows beyond its potential growth rate, it causes inflation. How does growing faster than the potential rate cause inflation?
A. Fast growth causes more productivity which leads to higher supply and cost put inflation
B. Fast growth causes quick resources utilization to full fill the higher demand
C. Fast growth causes more employment opportunities which leads to rise in prices
D. None of these
Answer: Option B
This Question Belongs to Commerce >> Banking And Financial Institutions
A. 1, 2 and 3
B. 2, 3 and 4
C. 1, 2 and 4
D. 1, 2, 3 and 4
The coverage of Right to Information Act (RTI), 2005 is:
A. Whole of India
B. Whole of India, except North Eastern States
C. Whole of India, except the State of Jammu & Kashmir
D. None of the above
Second generation reforms in our country do not comprise of which one of the following?
A. Exploiting the knowledge based global economy
B. Growing Indian transnational corporations
C. Population control measures
D. Clean environment
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