Statement (I) -> Controlling wages reduces disposable income, thereby reducing demand and helping control demand-pull inflation - Correct measure.
Statement (II) -> Increasing wages would increase disposable income and production costs, worsening both demand-pull and cost-push inflation - Not a control measure.
Statement (III) -> Higher interest rates on deposits encourage savings over spending, reducing money circulation and controlling inflation - Correct monetary policy tool.
Statement (IV) -> Infrastructure investment increases production capacity and supply efficiency, addressing the root cause of supply-side inflation - Correct long-term measure.
Hence, Option 2 -> Statements I, III, and IV correctly identify anti-inflationary measures (wage control, higher deposit rates, and infrastructure spending), while Statement II incorrectly suggests increasing wages, which would actually fuel inflation rather than control it -> correct