Despite the fact that GDP has grown consistently during the five year plans, the challenges of inflation almost never subsided - Economics - Unit I- Indian Economy 1950-1990

Question

Despite the fact that GDP has grown consistently during the five
year plans, the challenges of inflation almost never subsided True
/false give reasons

Ishi · Accepted Answer

Dear Student
TRUE, Despite the fact that GDP has grown consistently during the
five year plans, the challenges of inflation almost never subsided
because of rising population As population is continuously growing
we always need to produce more and after being producing more and
more there is still always an imbalance in demand and supply that
leads to price rise or inflation

Regards

Despite the fact that GDP has grown consistently during the five year plans, the challenges of inflation almost never subsided. True /false give reasons.