Advertisements
Advertisements
प्रश्न
Choose the correct answers to the questions from the given options.
Assertion (A): There has been a significant increase in global airfares post Russia - Ukraine war.
Reason (R): Higher fuel prices in the international market due to war.
विकल्प
A is true but R is false.
A is false but R is true.
Both A & R are true and R explains A.
Both A & R are true but R does not explain A.
उत्तर
Both A & R are true and R explains A.
Explanation:
- Following the Russia-Ukraine war, global airfares increased significantly. This is because the conflict-affected supply networks, resulting in shortages and higher costs in various industries, including air travel.
- One of the primary causes for the increase in airfares is the rise in international fuel prices, which has resulted from the war, as Russia is a significant exporter of oil and gas.
APPEARS IN
संबंधित प्रश्न
'A state of running or hyperinflation in any economy is very harmful for production'. Justify the statement with two reasons.
What is walking inflation?
What is the meaning of creeping inflation?
Study the relationship in the first pair of words and complete the second pair.
- Creeping inflation: The rate of inflation is 1% to 2% per annum.
- Running inflation: The rate of inflation is ______ per annum.
______ refers to a situation where prices rises very slowly.
______ inflation occurs when prices rise at a very fast rate from more than 20% to 100 percent or more per annum.
What is meant by running inflation?
What do you understand by hyper inflation?
A moderate dose of inflation to necessary for the development of an economy. Briefly explain.
Explain creeping inflation impact on the economy?
