Question
Which statements correctly describe the roles and
responsibilities of the Reserve Bank of India (RBI)? Statements: 1. The RBI formulates and implements India's monetary policy. 2. The RBI uses tools such as the repo rate and cash reserve ratio (CRR) to control inflation and manage liquidity. 3. The Ministry of Finance is responsible for setting the repo rate in India.Solution
The Reserve Bank of India is tasked with controlling the monetary policy of the country, utilizing instruments like the repo rate and CRR to regulate money supply and inflation. The repo rate is decided by the RBI's Monetary Policy Committee, not the Ministry of Finance.
Which adjustment is made to nominal GDP to compute real GDP in Indian national accounting practices?
Which term describes a situation where inflation is high, economic growth rate slows, and unemployment remains steadily high.
During which Five-Year Plan did India adopt the strategy of a mixed economy?
Identify the true characteristics of a Capital Good.
   A. It is a produced durable output of a man-made process.
   B. It again a...
Insurance Mall portal has been launched by ______ for its customers to ensure an Easy-buy experience.
Market of government securities is also known as
Which of the following are the specialized wings under the NITI Aayog:
i. Â Research Wing
ii. Â Development Wing
iii. Team I...
NPS for traders provide a monthly minimum assured pension of what amount after attaining the age of 60 years?
Which of the following metric is not an indicator of growth of a nation?
Since which year has the Reserve Bank of India (RBI) been observing Financial Literacy Week (FLW)?
