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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.
पर्याय
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.
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संबंधित प्रश्न
'A state of running or hyperinflation in any economy is very harmful for production'. Justify the statement with two reasons.
What is the meaning of creeping inflation?
______ 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.
______ is beneficial for growth.
When the general price level increases by 10% to 20% per annum, then it will be called:
What is meant by running inflation?
A moderate dose of inflation to necessary for the development of an economy. Briefly explain.
Explain creeping inflation impact on the economy?
When the general price level increases by 10% to 20% per annum, then it will be called:
