Question
Which of the following organisations is mandated to
check inflation in India?Solution
Monetary policy is the process by which the monetary authority of a country, generally central bank, controls the supply of money in the economy by its control over interest rates in order to maintain price stability and achieve high economic growth.In India, the central monetary authority is the Reserve Bank of India (RBI). It is designed to maintain the price stability in the economy. Monetary policy states that the use of financial instruments under the control of the Reserve Bank of India to standardise magnitudes such as availability of credit, interest rates, and money supply to achieve the ultimate objective of economic policy mentioned in the Reserve Bank of India Act, 1934.
In which of the following locations was the Global Venture Capital Summit 2018 held?
Which one of the following lakes is shared by two Indian States?
Harrod Domar growth model is known for highlighting the role of savings and investments. Which Five-Year Plan in India was based on this model?
Who had assumed the title of Balban?
In Uttrakhand Budget 2023-24, what was the estimated total expenditure excluding debt repayment?
Which Five-Year Plan primarily focused on the 'Garibi Hatao' initiative?
Chhattisgarh does NOT share its boundary with:
Project Nexus is a multinational initiative for linking real-time payment systems. Which of the following countries is NOT a part of Project Nexus?
Where can Nar Narayan Cave be found?
Which Green reserve has topped the MEE (Management Effectiveness Evaluation) Index among the evaluated reserves in India?
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