Question 6
Your savings account earns 6% annually while inflation is 8%. Assuming all other factors constant, after one year, your purchasing power will:
Increase
Remain the same
Decrease
Be uncertain
Question 6: Your savings account earns 6% annually while inflation is…
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Correct answer
Decrease
Question 6 of 18 in the IIT Madras BS Strategies for Professional Growth (SPG) Quiz 2 paper sat on 23 Nov 2025, in the September 2025 term (IIT M IMPROVEMENT AN EXAM QIA2 23 Nov 2025). It carries 1 mark.
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