Question
In an open economy with free capital flows, the central
bank canSolution
This situation is described by the "Impossible Trinity" or "Trilemma" in international economics, which states that it is impossible for a country to have all three of the following at the same time: a fixed foreign exchange rate, free capital movement, and an independent monetary policy. In an open economy with free capital flows, the central bank can either stabilize the exchange rate or set the interest rate, but it cannot do both simultaneously. If the central bank tries to set the interest rate, it loses control over the exchange rate, and vice versa.
Durand Cup is associated with the sport of football in India?
Where is the headquarters of the newly established National Turmeric Board located?
Consider the following events and arrange these in chronological order.
I. Cripps proposal
II. August offer
III. Wavell plan
Which was the first animal quarantine center established in Uttarakhand?Â
Which country initiated the first Hindi radio broadcast internationally?
Who was a leading figure in the Narmada Bachao Andolan, a movement focused on the rights of people affected by dam constructions in India?
Name the indigenous transport aircraft that made its first flight in Bengaluru recently:
Garima Grehas are primarily established to benefit which of the following groups?
Which state government has recently introduced new rules for appointing the Director General of Police (DGP)?
Expand the abbreviation 'ICMR.'