Current Affairs · Inflation and Prices
Which of the following best defines Cost-Push Inflation?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1Inflation resulting directly from government tax cuts and lower interest rates.
- 2Inflation caused by high consumer demand exceeding the total aggregate supply.
- 3Inflation driven by rising aggregate input costs such as wages and raw materials.✓
- 4Inflation caused by an excessive increase in the money supply.
Correct answer
Inflation driven by rising aggregate input costs such as wages and raw materials.
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Preparing for Current Affairs?
Practice full-length Current Affairs mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Inflation and Prices MCQs →Want more practice questions on Inflation and Prices?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Current Affairs · Inflation and Prices