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Given below is a statement followed by three conclusions I, II and III. Assuming the statement to be true, decide which of the conclusion logically follow(s)? Statement : The rise in inflation is likely to increase interest rates. Conclusions : (I) There will be decline in the number of borrowers. (II) There will be more deposits in bank. (III) The rate of unemployment will fall.
This question appeared in the HPSC Prelims 2021 examination (CSAT). It is Question 25 out of 198 questions in this paper.
This question was part of the HPSC Prelims 2021 (CSAT). The HPSC Prelims examination tests candidates on general studies, current affairs, and aptitude through multiple-choice questions.
Practice previous year questions from all HPSC Prelims papers and compare patterns with UPSC Prelims PYQ to identify overlapping topics.