Impact of Inflation

Q. People working in government offices can tackle inflation due to which perk offered to them?

1. High salary
2. Dearness allowance
3. Subsidies
4. Compensation

Q. What does an increase in demand for goods lead to?

1. Deflation
2. High standard of living
3. Inflation
4. Low standard of living

Q. Who all are impacted by food inflation?

1. Agricultural labourers
2. Rich businesspeople
3. Construction workers
4. Managers in offices

Q. Food inflation is not a harsh reality for poor people like agricultural labourers, construction workers, and factory workers.

1. False
2. True

Q. How are the people in government offices able to cope up with inflation?

1. They are given dearness allowance.
2. They have high salaries.
3. They get their ration free of cost.
4. They are given subsidies.

Q. People working in government offices get as compensation when there is inflation.

1. higher pay
2. dearness allowance
3. transport allowance
4. inflation allowance