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.
Which writ is issued by a court in cases of illegal detention?
In which session did the Indian National Congress adopt 'Purna Swaraj' as its goal?
Consider the following statements in the context of NITI Aayog:
1. It is an extra-constitutional body.
2. It provides both directional and...
The Government of India Act 1935 was enacted following which event?
Which one of the following is not a circumstance for proclamation of Emergency by the President of India under Article 352 of the Constitution of India ?
Which article of the Indian Constitution mandates the formation of the Finance Commission?
The maximum seats in the Lok Sabha are 552. However, there are a total of 545 members. If only 300 members are present at the time of voting, then a con...
Consider the following statements:
1. Chairpersons of the National Human Rights Commission (NHRC) and State Human Rights Commission (SHRC) are ap...
A Governor gives its resignation to whom?
Which of the following states have been the former union territories?
1. Himachal Pradesh
2. Manipur
3. Haryana
4. Tripura
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