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Topic

Deflation

Asked 2 times across 2 UPSC exams over 13 years (2010–2023), peaking in 2010.
2
PYQs
2
Exams
2
Years active
2010–2023
Span
2010
Peak
2/2
Answers
📅 Full chronological timeline →

Key insights

  • Most tested in CSE — 1 of 2 PYQs
  • Most asked in 2010
  • Recurs across 2 years (2010–2023)

How it travelled across exams

First appearance in each exam — the same idea, reframed.
CSE 2010 CDS 2023

How the concept evolved

110
123
Long-running — most appearances (1 of 2) predate 2016, and it still returns.

Sample questions

You've seen the pattern — here are a few of the actual PYQs.
CDS2023
The sustained decrease in the general price level is called as
  1. A deflation ✓
  2. B stagflation
  3. C devaluation
  4. D recession
✓ Correct answer: (A)
Economy › Macroeconomics
CSE2010
Which one of the following statements is an appropriate description of deflation?
  1. A It is a sudden fall in the value of a currency against other currencies
  2. B It is a persistent recession in both the financial and real sectors of economy
  3. C It is a persistent fall in the general price level of goods and services ✓
  4. D It is a fall in the rate of inflation over a period of time
✓ Correct answer: (C)
Economy › Macroeconomics

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