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Inflation adversely affects Options: A.Profit earners B. Fixed income earners C. Speculators D. Investor Answer: B Explanation: Inflation refers to the situation of increase in the general price level over a period of time. Inflation adversely affects creditors, salaried persons, wage earners, fixed income group, agriculturists. Creamy layer concept was first introduced in the caseContinue reading “Current Affairs Mcqs – 11th October”