Union Government has decided to set up a 4000 MW solar power project in Rajasthan at -
A Friend You Can Bank Upon
tagline of?who has been appointed the chairman of "National commission for backward classes"
Which of the following had appointed the Raghu Ram Rajan committee to recommend steps to modernize the financial sector
This thread is very useful...more than 10 questions come directly from this thread in today's RRB assistant exam. Thanks to all the posters.
which of the following spot "Sultan Johor cup" is related?
600 (form) + 1000 (diesel) + 250 (food) + 300 (misc. expenses) = 2150 rs. CTA (Cost to aspirant)..... Ek dhang ka center daalne mein ibps waalo ka kya jaata hai yaar....
The National Commercial Bank (NCB) of UAE has selected which of the following Indian software companies to implement a new core banking software platform for the Bank? The agreement between the two parties will be valid for two years.
The Election Commission of India (ECI), for the first time in the country, used the Voters Verifiable Paper Audit Trail (VVPAT) system on trial basis during an Assembly Constituency bye-polls in which of the following states recently?
Who among the following has become the first woman Chief Information Commissioner (CIC) of the country? She succeeded Satyananda Mishra.
PAKISTAN assembly collectively called ? RRB Assistant, today
Name the unmanned spacecraft launched by the US space agency NASA to the Moon recently. The space mission is aimed at studying Moon's atmosphere.
inflation and different types of inflation related to banking.
inflation =defination
inflation means, a rise in general level of prices of goods and services in a economy over a period of time. so what does this conlude.
value of money looses. each unit of currency buys fewer goods. or we can say too much money chasing few goods.
it is good for a growing economy more employment more demand more needs to generate supply. but inflation should be such that is shoul support economy not disturb or hamper it.
broadly infaltion is of two types
demand pull inflation :
as the name suggest increasein price due to excess of demand over supply for the economy as a whole. basically supply cannot expand anymore to meet the demand hence demand infaltion.
cost pull inflation :
the end product price will rise if there would be increase or rise in the cost of the inputs goods may have become expensive or goods imported are expensive due to international rise in prise ex petrol other factors include rising wages , increase in corporate taxes etc.
stagflation :
this is actually happening or approaching in india.
it refers to a situation in which the economic condition or the growth of the economy is very slow or stagnant and on the other side prices are rising. now economy is hault not moving prices are rising what will happen unemployment rise in prices.
remember it as stag= not moving, inflation is related to economy easy to remember.
hyperinflation.
extremly rapid out of control inflation is termed as hyperinflation. Hyperinflation is a situation where the price increases are so out of control that the concept of inflation is meaningless.Hyperinflation often occurs when there is a large increase in the money supply. Such a situation results in an imbalance in the supply and demand for the money. in this case value of money reduces greatly may become almost to zero if remained unchecked.
galloping infaltion.
When inflation rises to ten percent or greater, it wreaks absolute havoc on the economy. Money loses value so fast that business and employee income can't keep up with costs and prices.
walking inflation
This type of strong, or pernicious, inflation is between 3-10% a year. It is harmful to the economy because it heats up economic growth too fast. People start to buy more than they need, just to avoid tomorrow's much higher prices. This drives demand even further, so that suppliers can't keep up. More important, neither can wages. As a result, common goods and services are priced out of the reach of most people.
help to add more suggestion welcome i am an engineer not economist still learning and sharing👼
the planning comission is a
the finance comission is a
the central vigilance comission (CVC) is a
Longest serving president of The Indian National Congress
Grey Market is associated with which of the following
Under whom has the Government of India set up a four member committee to clear the ambiguity between Foreign Direct Investment (FDI) and Foreign Institutional Investment (FII)
Olympic 2020 venue?