Question
Which regulatory body imposed fines on Axis Bank and
HDFC Bank for failing to adhere to specific guidelines?Solution
The Reserve Bank of India (RBI) recently fined Axis Bank ₹1.91 crore and HDFC Bank ₹1 crore for not complying with norms concerning KYC and unique customer identification codes, aiming to strengthen banking oversight.
If rxy = 0.75, then ryx will be:
Which of the following best describes the short-run Aggregate Supply (AS) curve in the presence of sticky wages?
Assertion (A): There is a natural tendency to collude under oligopoly.
Reason (R) : Inter-dependence of firms in oligopolisti...
Match the following
...Consider a Solovian economy with the aggregate production function Yt  = K1/2l1/2 ​ . The initial size of the population is 10...
What was the Financial Inclusion Index (FI Index) value in March 2024?
Let the utility function of a consumer be given by U(x,y) = min {y+2x, x+2y}. Prices are given by Px=1, Py=3, while the consumer’s income is...
If the regression line of Y on X is Y =30 -0.9X and the standard deviations are Sx = 2 and Sy = 9, then the value of the correlatio n coefficient rxy i...
Which of the following Herfindahl-Hirschman Index is most consistent with monopoly?
When exchange rate in terms of domestic currency rises