New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Nobel Prize 2022 in Economics has been awarded to Ben S.

    Bernanke, Douglas W. Diamond, and Philip H. Dybvig for?
    A Experimental approach to alleviating global poverty Correct Answer Incorrect Answer
    B Improvements to auction theory and inventions to new auction formats Correct Answer Incorrect Answer
    C Contributions to Labour Economics Correct Answer Incorrect Answer
    D Research on Banks and Financial Crises Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    Nobel Prize 2022 in Economics has been awarded to Ben S. Bernanke, Douglas W. Diamond, and Philip H. Dybvig ‘for research on banks and financial crises’. They have been honored for significantly improving the understanding of the role of banks in the economy, particularly during financial crises. An important finding in their research is why avoiding bank collapses is vital.

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