Subject: Inflation

With reference to inflation in India, which of the following statements is correct?

Which one of the following is likely to be the most inflationary in its effects?

With reference to the Indian economy, demand-pull inflation can be caused or increased by which of the following:

1.Expansionary policies
2.Fiscal stimulus
3.Inflation-indexing of wages
4.Higher purchasing power
5.Rising interest rates

Select the correct answer using the code given below:

In India, which one of the following is responsible for maintaining price stability by controlling inflation ?
(a) Department of Consumer Affairs
(b) Expenditure Management Commission
(c) Financial Stability and Development Council
(d) Reserve Bank of India