Download App

PRICE RISE AND CONSUMER AWARENESS. — Social Science STD 10 — Question

Gujarat BoardEnglish MediumSTD 10Social SciencePRICE RISE AND CONSUMER AWARENESS.2 Marks
Question
Monetary supply affects the price rise.
✓

Answer

When the supply of money is more than the supply of goods the price increases.
  • The people demand more wages and increase their demands hence there is price rise.
  • The government takes money from the Reserve Bank of India and nationalised banks and uses them for projects of public utility.
  • This increases the supply of money and demand in the market but the supply of goods and service is less so the prices rise.
  • Thus, the supply of money directly affects price rise.

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Explore more

More "2 Marks Each" from PRICE RISE AND CONSUMER AWARENESS.→PRICE RISE AND CONSUMER AWARENESS. — all question types→Social Science STD 10 question papers→Gujarat Board STD 10 question papers→Gujarat Board question paper generator→

Similar questions

Why it is necessary to develop positive attitude towards the management of heritage?
→
Name the Writers of 'Sangeet Ratnakar' and 'Sangeet Parijat'.
→
How were the foreign tribes India'nised?
→
What is Muscovite?
→
Give introduction of 'Sangeet Ratnakar'.
→
Write a brief note on Brihadeswar Temple.
→
Differentiate between favourable trade (positive trade) and unfavourable trade (negative trade)
→
Why is tea grown on hill slopes$?$
→
Write about the art of inlay work in India.
→
The black soil is called self-ploughing soil. Give reason.
→