UPSC 2021 - Question 12

With reference to Indian economy,

demand-pull inflation can be caused/increased by which of the following?

1. Expansionary policies

2. Fiscal stimulus

3. Inflation-indexing wages

4. Higher purchasing power

5. Rising interest rates

Select the correct answer using the code given below:

a. 1, 2 and 4 only

b. 3, 4 and 5 only

c. 1, 2, 3 and 5 only

d. 1, 2, 3, 4 and 5