Rising prices ofcommdities havebecame a source of great concern to theIndian economists at presenttime. It hascausedgreat hardshipto all sectionof our society, particluarly fixed income groups, likesalaried presons, wage earners andpensioners, have beenfeelingthe maximum pinch. They have no means to supplementtheir income and no saving to fall back upon the economic uncertainty of theirfutur. This also breedssocial unrest and causes tension and confict betweenthe have and the have-nots. There are other adverse effects of price rise too. Inflation induces businessmento invest their money in non-productiveassest like goldand land. Their real worth is not affected by risingprices. High prices also adversely affect the exports of the country and distort the balanceof foregin trade.Whatshouldbe the course of action to check risingprices?

Rising prices ofcommdities havebecame a source of great concern to the

1.	Rising prices ofcommdities havebecame a source of great concern to theIndian economists at presenttime. It hascausedgreat hardshipto all sectionof our society, particluarly fixed income groups, likesalaried presons, wage earners andpensioners, have beenfeelingthe maximum pinch. They have no means to supplementtheir income and no saving to fall back upon the economic uncertainty of theirfutur. This also breedssocial unrest and causes tension and confict betweenthe have and the have-nots. There are other adverse effects of price rise too. Inflation induces businessmento invest their money in non-productiveassest like goldand land. Their real worth is not affected by risingprices. High prices also adversely affect the exports of the country and distort the balanceof foregin trade.Whatshouldbe the course of action to check risingprices?
Answer» Acceleratingproduction Checkinginvestmentin NON -prductiveassets Control on inflationand keep EYE on erring bussinessmen Effectivedistrution system Answer :C

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