What is the primary impact of persistent inflation on an economy?
Persistent inflation leads to a continuous increase in the general price level of goods and services over time. As prices rise, the real purchasing power of a currency diminishes, meaning that each unit of currency buys fewer goods and services. This erosion of the real value of currency can have detrimental effects on consumers' purchasing power, savings, and overall economic stability. It often necessitates adjustments, such as wage increases, and can impact the distribution of income and wealth within a society. Inflation management is a key consideration for central banks and policymakers to maintain economic stability and sustainable growth.
The Veda Samaj was established in ______.
The ten per cent reservation in central government jobs under economically weakersections (EWS) category is available to the persons whose family inco...
Which of the following statement is/are INCORRECT regarding Green Energy Corridor (GEC) Phase-II-Inter-State Transmission System (ISTS) for 13 GW Renew...
As of January 2020, which of the following is NOT a Maharatna company?
RBI publishes figures for four alternative measures of money supply, viz. M1, M2, M3 and M4. Among these, which are known as Narrow money?
Recently who among the following person had recently appointed as the fourth whole time member for the term of three years by market regulator SEBI?
Rocket works on the principle of which one of the following?
How many Indian institutes and universities made it to the QS Sustainable Ranking 2023 list?
With which of the following anchor banks were Oriental Bank of Commerce and United Bank of India merged?
From the given options, select the one that CANNOT be listed among the long-run effects of ozone depletion.