What is the primary objective of administrative measures used by the government to control inflation in India?

easy Q1 of 15

Economic Awareness - Sectors of Indian Economy

ATo regulate money supply through interest rates

BTo directly influence prices and availability of essential goods

CTo manage fiscal deficit levels

DTo control foreign exchange reserves

Step-by-Step Solution

Step 1: Understand administrative measures
Administrative measures involve direct government intervention rather than market-based tools.
Step 2: Identify their objective
These measures aim to control prices and ensure availability of essential commodities during inflationary pressures.
Step 3: Eliminate incorrect options
Money supply and interest rates are monetary tools; fiscal deficit and forex reserves are unrelated here.
Final Answer:
To directly influence prices and availability of essential goods → Option B
Quick Check:
Administrative measures = Direct price & supply control ✅

Quick Trick: Administrative = Direct control, not interest rates

Common Mistakes:

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