pradeep negi
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Posted 4 year ago
In an inflationary trend, the pricing of the bank products are:

[A] At increasing trend
[B] At decreasing trend
[C] No relevance of Inflation
[D] Constant

1 Answer(s)
Mitesh Sharma
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Posted 4 year ago Mitesh Sharma

Inflation is the decline of purchasing power of a particular currency over time. It is reflected as an increase in general prices. As the demand for credit increases, the pricing of bank products also increases.