Which reference to inflation in India, which of the following statements is correct?

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CollectorBabu · Accepted Answer

Correct Answer: Decreased money circulation helps in controlling the inflation. Inflation is a condition which is characterized by a sustained and unchecked rise in the general prices of the commodities and fall in the purchasing power of the currency. RBI plays the primary role in controlling inflation through its monetary policy. Increased money supply adds to inflation rates. Hence, the correct option must be option C.

Which reference to inflation in India, which of the following statements is correct?

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