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APPSC Group-II Screening Test 2019 · Question 126

Question 126 of the APPSC Group-II Screening Test 2019 (5 May 2019). Try it first, then open the answer and explanation.

  1. Screening 2019 · Q126 · Economy (India & AP) · Money, Banking & Inflation

    Inflation would have the most adverse effects on which of the following?

    ద్రవ్యోల్బణం ఈ క్రింది వారిలో ఏ వర్గం వారిని ఎక్కువ నష్టపరుస్తుంది ?

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    Answer: Creditors

    సమాధానం: ఋణదాతలు

    Inflation lowers the real value of money repaid later, so lenders lose and borrowers gain.

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