Question
According to the Taylor principle, for
inflation to be stable, the central bank must respond to an increase in inflation with ____ increase in the nominal interest rate.Solution
According to the Taylor principle, for inflation to be stable, the central bank must respond to an increase in inflation with a greater increase in the nominal interest rate.
The Reserve Bank has raised the minimum capital requirement for setting up ARCs to ______ crore?
What type of authorization did CAMS receive from the RBI in 2023?
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