state gov TSPSC Group 3 (తెలంగాణ గ్రూప్ 3) 2023 Mock Test Series General Knowledge Economy Money and Banking
Which of the following can be the advantage(s) of inflation in developing economies?
1. It favours Foreign Portfolio Investments (FPI) in the market.
2. Inflation can be favourable for economic growth.
Select the correct answer using the code given below.
1
1 only
2
2 only
3
Both 1 and 2
4
Neither 1 nor 2