Login / Signup

Question

Which of the following statements is incorrect regarding Phillips’s curve?

A High inflation and high unemployment are because of recession/depression

B As per Friedman, there is no relation between unemployment and inflation in the long-run

C It depicts relationship between inflation rate and unemployment rate

D None of these

E All of these

Practice Next

More Banking System in India Questions

Under the regulation of which act can scheduled commercial bank take equity stake in a payments bank to the extent permitted?
Scheduled Commercial Banks (other than RRBs, PBs and LABs) with past digital banking experience are permitted to open DBUs (Digital Banking Units) in which...
In the banking parlance, CTS stands for –
Which of the following is not a role of GFCs?
Abnormal Gain is shown on the …….side of the Process A/c and the ………… side of Abnormal Gain A/c
RBI introduced the Scale based regulatory framework for NBFCs. As per the framework, NBFCs – Middle Layer and NBFCs - Upper Layer with _____ and more ’Fixe...
Similar to the Stock Exchanges in IFSC, the Bullion Exchange shall be required to submit MDR (Monthly Development Report) to IFSCA on a what frequency basi...
The DMAIC improvement cycle is the core tool used to drive Six Sigma projects. What does the acronym DMAIC mean?
If the company earned revenue from operations of Rs.18 lakh, what is the trade receivables turnover ratio of the company?
In cost accounting, overheads are classified into various categories based on the nature of the expenses. Which category do Director’s remuneration and exp...

Hey! Ask a query

ask-question