SHORT ANSWERS

1. WHAT IS INFLATION ? (DEFINE)

2. WHAT IS CREEPING INFLATION ?
3. WHAT IS HYPER INFLATION ?
4. WHAT IS TROTTING INFLATION ?
5. WHICH SECTION OF SOCIETY GAINS DURING INFLATION?, Why?
6. WHAT IS THE EFFECT OF INFLATION ON FIXED INCOME GROUP?
7. FIXED INCOME GROUP IS ADVERSELY AFFECTED DURING INFLATION.
STATE TRUE OR FALSE AND GIVE REASONS.
8. DURING INFLATION DEBTORS GAIN AND CREDITORS LOSE. STATE
TRUE OR FALSE AND GIVE REASONS.
9. A MODERATE DOSE OF INFLATION IS NECESSARY FOR TH
DEVELOPMENT OF AN ECONOMY. STATE TRUE OR FALSE AND GIVE
REASONS.

LONG ANSWERS

1. EXPLAIN FISCAL MEASURES TO CONTROL INFLATION

2. EXPLAIN THE EVIL EFFECTS OF INFLATION ON PRODUCERS. HOW

DOES INFLATION ADVERSELY AFFECT THE PRODUCERS

3. WHAT ID DEMAND PUSH INFLATION? DESCRIBE THE CAUSE(s) OF

DEMAND PUSH INFLATION.

4. WHAT IS COST PUSH INFLATION? DESCRIBE THE CAUSES OF COST

PUSH INFLATION