Explanation :
A Cost Inflation Index table is used to calculate the long term capital gains from a transfer or sale of capital assets.
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A
Business income
B
Long term capital gain
C
Short term capital gain
D
Income from other sources
A Cost Inflation Index table is used to calculate the long term capital gains from a transfer or sale of capital assets.
Correct Answered :
Wrong Answered :
A
Globalization
B
Inflation
C
Liberalization
D
Economic growth
According to economist Coulborn, "too much money chasing too few goods" is a description of inflation. This is a definition of it as a monetary phenomenon rather than a phenomenon of rising prices. This is a common view perspective of the situation.
Correct Answered :
Wrong Answered :
A
Cost push inflation
B
Cost pull inflation
C
Demand pull inflation
D
Demand push inflation
According to Keynesian economists, inflation comes in two varieties: demand-pull and cost-push. Demand-pull inflation occurs when consumers demand goods, possibly because of the larger money supply, at a rate faster than production. Cost-push inflation occurs when the input prices for goods tend to rise, possibly because of a larger money supply, at a rate faster than consumer preferences change.
Correct Answered :
Wrong Answered :
A
Running inflation
B
Scrolling inflation
C
Galloping inflation
D
Walking inflation
Types Of Inflation On The Basis Of Speed:
1.Creeping inflation: the inflationary rate is less than 2% that means prices are increasing gradually.
2.Walking inflation: the inflationary rate of a country is around 5% little more than creeping.
3.Running inflation: the rate of growth in prices are more i.e. the inflation is growing at the rate of 10%.
4.Galloping inflation: higher growth rate compared to the earlier stages i.e. the change is around 25%.
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