Q10: Which statement best explains Inflation? | UPSC EPFO APFC 2026

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Which statement best explains Inflation?

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

Question ID #26398

Which statement best explains Inflation?

Correct Answer: B. Sustained rise in the general price level

Question: Which statement best explains Inflation?

A. Part of balance of payments covering trade in goods and services, income and current transfers

B. Sustained rise in the general price level

C. Official downward adjustment of currency value under a fixed or managed exchange-rate regime

D. Economic growth whose opportunities and benefits are broadly shared

Correct Answer: B. Sustained rise in the general price level

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Which statement best explains Inflation? - MCQ Explanation

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

Correct answer: B. Sustained rise in the general price level