Economic Awareness - Sectors of Indian Economy
During inflation, which group is most likely to lose because the real value of repayments they receive decreases?
During inflation, which group is most likely to lose because the real value of repayments they receive decreases?
medium Q14 of 15
Step-by-Step Solution
Step 1: Understand the impact of inflation on lenders
Lenders receive repayments that lose real value during inflation.Step 2: Analyze the effect on lenders
Since repayments have less purchasing power, lenders lose during inflation.Final Answer:
Lenders → Option CQuick Check:
Lenders = correct ✅
Quick Trick: Lenders lose as repayments have lower real value.
Common Mistakes:
- Confusing lenders with borrowers who benefit during inflation.
Master "Sectors of Indian Economy" in Economic Awareness
Start learning the concept with an interactive lesson.
Want More Practice?
15+ quiz questions · All difficulty levels · Free
Free Signup - Practice All QuestionsMore Economic Awareness Quizzes