Civil Services APPSC Group I Services Prelims Mock Test Series 2025 General Knowledge Economy Agriculture
The decrease in money supply in the economy could not control the food inflation as an increase in price was caused by skewed MSP policy, distortion caused by APMC acts, and inadequate cold storage facilities.
Which type of inflation best describes the situation given above?
1
Stagflation
2
Demand pull inflation
3
Structural inflation
4
None