What is the ROI for MBA course through CAT exam?
Asked by Aparna Vaniarajan
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1 Answer
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The value of money per annum refers to the concept of inflation, which measures the decrease in the purchasing power of money over time. Inflation can erode the value of money, reducing its purchasing power. However, it's important to note that the rate of inflation varies from country to country and over different periods. Central banks typically aim to keep inflation within a target range to promote economic stability. However, it's worth noting that inflation rates can fluctuate and are subject to various factors such as economic conditions, government policies, and global events. When considering the value of money, it's essential...more
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