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Which of the following is the definition of inflation? 1. Rise in the general level of prices2. Sustained rise in the general level of prices3. Persistent increases in the general level of pricesWhich of these statements is/are correct?a) 1 and 2 Onlyb) 2 Onlyc) 3 Onlyd) All of themCorrect answer is option 'D'. Can you explain this answer? for UPSC 2025 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Which of the following is the definition of inflation? 1. Rise in the general level of prices2. Sustained rise in the general level of prices3. Persistent increases in the general level of pricesWhich of these statements is/are correct?a) 1 and 2 Onlyb) 2 Onlyc) 3 Onlyd) All of themCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for UPSC 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which of the following is the definition of inflation? 1. Rise in the general level of prices2. Sustained rise in the general level of prices3. Persistent increases in the general level of pricesWhich of these statements is/are correct?a) 1 and 2 Onlyb) 2 Onlyc) 3 Onlyd) All of themCorrect answer is option 'D'. Can you explain this answer?.

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