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According to the quantity theory of money, the quantity of money available determines the price level in the economy and the growth rate in the quantity of money available determines the inflation rate in the economy. Moreover, because money is neutral, the economy’s output is determined by factor supplies and technology . However, it is not necessary for the velocity of money to increase with the increase in the quantity of money.
Which of the following bank was merged with Bank of Baroda from April 1, 2019?
Which of the following Acts ended the monopoly of the East India Company over trade with India?
When did the Union Cabinet approved the setting up of National Recruitment Agency to conduct the Common Eligibility Test?
Read the following about Green Revolution.
A. The Green Revolution was an endeavour initiated by Norman Borlaug in the 1960s.
B. He is...
The government has extended the Pradhan Mantri Krishi Sinchayee Yojana (PMKSY), launched in 2015 to improve farm productivity by four years till ______...
IBFC full form
What is India's rank in the Environmental Performance Index (EPI)?
Who has been appointed as the Director-General of ILO (International Labour Organization)
Which institution organized the webinar titled 'Viksit Bharat: Corporate Governance for 2047' in March 2024?
Which bank has submitted an application to the Monetary Authority of Singapore for a banking license?