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Sign in to searchA-Category MCQs -53
PRERNA FOR IAS
(ASSOCIATE OF SAMKALP)
A-Category MCQs -53
1. Which of the following best explains why fuel price hikes in India often create wider inflationary pressures?
A. India exports most of its petroleum products
B. Fuel is a major input in transportation and supply chains
C. Fuel prices only affect luxury consumption
D. Petrol and diesel prices are fully controlled by states
Correct Answer: B. Fuel is a major input in transportation and supply chains
Explanation: Fuel prices directly affect transport, logistics and production costs. When diesel and petrol become expensive, the cost of moving agricult
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