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What is Inflation? How can we calucalate inflation? and
what is the present rate of Inflation?
- 5 Answers
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- State Bank Of India SBI, I also Faced
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Answer / manoj mahanta
OK..Let me explain it in a simple way...
If I hv purchased a thing @ Rs.100 this year, n getting the
same thing @ Rs.105 next year, then the inflation rate here
is 5%.
| Is This Answer Correct ? | 7 Yes | 0 No |
Answer / remya
Inflation means rise in the value of commodities or a
decrease in the value of rupee or money
| Is This Answer Correct ? | 8 Yes | 2 No |
Answer / chetan mehrishi
well technically inflation is the percentage change in
prices of the commoditied. it is measured in two types of
indices, namely consumer price index and wholesale price
index. wpi is clculted annually and cpi is calculated
weekly.
eg. suppose cpi for 2000 is 3500 and cpi for 2001 is 4500.
inflation rate= 4500-3500/3500*100
| Is This Answer Correct ? | 6 Yes | 1 No |
Answer / sutha
Increase the price value
Decrease the money value
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / sruti
hi satish..congrats..am also from ap..can u plz tell me abt
bank rate,crr,reporate,slr etc..if u know..nd wen will be
ur interview date..
be in contact..
my mail id is:srutieee@gmail.com
| Is This Answer Correct ? | 0 Yes | 0 No |
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