Question : Which is not a measure undertaken by the government to check inflation?
Option 1: An increase in consumption
Option 2: An increase in production
Option 3: Reduction in deficit financing
Option 4: Taxation measures
New: SSC CHSL tier 1 answer key 2024 out | SSC CHSL 2024 Notification PDF
Recommended: How to crack SSC CHSL | SSC CHSL exam guide
Don't Miss: Month-wise Current Affairs | Upcoming government exams
Correct Answer: An increase in consumption
Solution : The correct answer is an increase in consumption.
Personal consumption spending reduction is an essential fiscal policy implemented by governments to control inflation. This is accomplished through increasing personal, business, and commodity tax rates, as well as imposing additional taxes. The government should also decrease needless spending on non-development initiatives to help control inflation.
Related Questions
Know More about
Staff Selection Commission Combined High ...
Result | Eligibility | Application | Admit Card | Answer Key | Preparation Tips | Cutoff
Get Updates BrochureYour Staff Selection Commission Combined Higher Secondary Level Exam brochure has been successfully mailed to your registered email id “”.