If an economy is under inflationary pressure, the correct outcome would be mentioned in option 1 i.e, "Domestic currency heads for depreciation" and "Exports become less competitive with imports getting costlier."

This means that the value of the currency in the domestic country will decrease, causing it to depreciate. As a result, imports become more expensive because it requires more domestic currency to purchase the same amount of foreign currency. On the other hand, exports become less competitive because the products from the domestic country become more expensive for foreign buyers.

The other options, option 2, 3 and 4 are incorrect as they do not align with the outcome of an economy under inflationary pressure.

Option 2 states that "Exports become less competitive with imports getting costlier" which is correct, but it does not mention the expected depreciation of the domestic currency.

Option 3 claims that "Cost of borrowing decreases" which is not accurate as inflationary pressures usually lead to an increase in borrowing costs.

Option 4 suggests that "Bondholders get benefitted" which is not necessarily true during inflationary periods as inflation erodes the purchasing power of fixed returns from bonds.

Therefore, the correct answer is option 1.