Question
Country Y is experiencing high inflation rates due to a
combination of factors, including supply chain disruptions, rising energy prices, and loose monetary policy. Which of the following measures is the central bank of Country Y likely to take to curb inflation?Solution
To combat high inflation, the central bank is likely to increase interest rates. This will make borrowing more expensive, reduce consumer spending and investment, and ultimately lower aggregate demand, leading to a decrease in the inflation rate.
In which district of Karnataka is the historic place ‘Hampi’ located?
What is the address of the cell in the tenth row of the fifth column in an MS-Excel worksheet?
What significant step has been taken towards indigenisation in defence manufacturing as indicated by the Ministry of Defence?
In which of the following years the Ramsar Convention on Wetlands was signed ?
Union Minister of Education launched a free mobile app called ______ , on 5 September 2020.
A coastal area was flooded with sea water and resulted in heavy salt deposits in the nearby area. After a few days, it was observed that many plants die...
The Reserve Bank of India introduced a comprehensive regulatory framework for NBFC-MFI on ________.
Kuroshio current flows in which of the following oceans?
The Ministry of Power launched a scheme for procurement of aggregate power of 4500 MW for five years under SHAKTI Policy in which year?
As per the Union Budget 2022-23, the launch of blockchain based digital rupee is proposed to start from __________.
