Question
Which of the following statements is NOT correct in the
context of quantity theory of money?Solution
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.
On the World Brain Day, 22nd July 2022, India gets its first Brain Health Clinic in which of the following cities?
The Deposit Insurance and Credit Guarantee Corporation allowed the customers of failed/stressed banks to withdraw upto Rs 5 lakh of deposit under the m...
_______ launched ‘India ki Udaan’ as a part of Azadi ka Amrit Mahotsav and to mark the 75 years of Independence.
Which organization became the first Indian firm to surpass â‚ą10 lakh crore in revenue?
Which bank saw EQT Private Capital Asia sell its 7.89% stake for Rs 1,091.15 crore in July 2024?
In which state the ‘Mukti Abhiyan’ scheme is being resumed after a gap?
Mount Everest is located on the border between which two places?
Under Delhi's old-age pension scheme, how much monthly benefit is provided to senior citizens aged 70 and above?
Who planted the 'Tree of Liberty' at Srirangapatnam?
The Civil Disobedience Movement started in which year?Â
