Question
Which of the following steps should be taken when there
is high inflation in an economy? i. Increase direct taxes ii. Reduce policy interest rates iii. Decrease statutory reserve requirements (CRR and SLR) for banksSolution
High inflation means there is more money supply in the market. Reducing interest rates and decreasing reserve requirements will further increase the money supply, so these actions are counterproductive. Increasing direct tax will reduce the money supply and will be helpful in controlling the inflation.
Which of the following metric is not an indicator of growth of a nation?
Which country’s Capital topped the United Nations Environment Programme's report - Frontiers 2022: Noise, Blazes and Mismatches?
The law of demand is based on the assumption that people will:
Extension name of flash file is .
Which sector contributes the most to India's GDP?
What is the impact of high inflation on the economy?
SANKALP Scheme is one of the important skill development programme sponsored by World Bank which is under implementation till_______.
Which of the following is called as the National Income?
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A want becomes a demand only when it is backed by the
Which one of the following pairs is correctly matched?
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