Question

0-8 "Black Money is a cause of Inflation" Explain.

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Answer 1

Answer:

That is what happens when black money causes inflation. ... Black money is generated through corrupt activities like bribes, and “cuts” paid to officials, hoarding and selling commodities at more than market prices, and tax evasion.

Answer 2

Answer:

Black Money is that money which is earned illegally by means of fraudulent.

This is what happens when black money causes inflation. Needless to say, levels of corruption also increase in tandem. Black money is generated through corrupt activities like bribes, and “cuts” paid to officials, hoarding and selling commodities at more than market prices, and tax evasion.