Q78: Which statement best explains Deflation? | UPSC EPFO APFC 2026

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Which statement best explains Deflation?

Practice this MCQ with options, instant answer checking, explanation, exam-wise filters, next/previous navigation and shareable result image.

Question ID #26526

Which statement best explains Deflation?

Correct Answer: D. Sustained decline in the general price level

Question: Which statement best explains Deflation?

A. Value of output minus intermediate consumption generated by producers

B. Central-bank policy influencing money, liquidity and interest rates to achieve macroeconomic objectives

C. Mechanism or rate historically used by RBI for absorbing liquidity from banks

D. Sustained decline in the general price level

Correct Answer: D. Sustained decline in the general price level

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Which statement best explains Deflation? - MCQ Explanation

This question is useful for exam preparation because it provides direct multiple-choice practice with options, answer checking and explanation.

Correct answer: D. Sustained decline in the general price level