In economics, inflation<span> is a sustained </span>increase in<span> the general price level of goods and services in an economy over a period of time resulting in a loss of value of currency. When the price level rises, each unit of currency buys fewer goods and services.</span>
Answer:
To contest Lok Sabha or Vidhan Sabha elections, a candidate must be of a minimum 25-year-old. To contest Rajya Sabha election, a candidate must be at least 30 years old. To be the member of the Legislative council (Vidhan Parishad) also, a candidate must be at least 30-year-old.
Electric machinery and automation increased agricultural output in the late 1800s.
