Government Jobs Interview Questions
Topic : Inflation is inevitable in our developing country.
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said this on 09 Oct 2007 9:11:32 AM IST
Inflation is unavoidable in devloping country like. niow india facing series inflation problem though its can be solvable.
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said this on 11 Nov 2007 11:31:43 PM IST
At times inflation is going to spriral out of countrol in developing countries like ours due to the forces of demand & supply of money in the economy.Today govt is trying to keep a check on inflation.Inflation touched a low of 2.97% few weeks back. It has been below 4% for quite some time now. This indicates govt is serious abt keeping inflation in control
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said this on 07 Apr 2008 7:26:36 AM IST
as inflatiopn rate is increasing rapidaly,really it is unevitable in our developing country.today inflation rate has touched 7% and due to this goods prices are increasing in rapid manner.there are many factors which is responsible for this 1)inflation is going on because of politics, today many politicians are corrupt,when five year plan opens to the public it looks like good but when it impliments then we find that implementation is not like paperwork 2)industries are also responsible for inflation.many industries produce substanderd good and take much profit,they are misutilising the public funds.3)india is facing the problem to import the thing at higher cost but not able to increase the export rate and reduce the trade defecit.But certain steps will help these countries to keep inflation undercheck:-1)at first they should put an end their ever increasing population.2)and second they solve all their dispute without arm and ammunition.they should try to negotiate goods between then at reasonable cost.3)the gov.should adopt the tecnique of pump-priming by open market organisation to push money in the market to revive the sagging economy.therefore higher prices result in higher wages and higher rate of employment.this will increase the situation to setup more manufacturing units in the country to fulfill the demand in the market.
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said this on 07 Feb 2009 12:53:18 PM IST
Inflation means when the value of money decreases and value of goods increases. I think inflation is really inviteable in our economoy because of following factors.
(a) increasing growth rate of population through which day by day just our population grows not the resources, resources are remain constant.
(b) as population grows india unable to export much due to which we face inflation.
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said this on 04 Jan 2011 12:44:35 PM IST
i agree your point fully
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said this on 10 Jan 2011 11:47:26 AM IST
It is right one I need.
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said this on 30 Dec 2011 12:35:23 PM IST
this is an excellent answer to me thank you
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