Question
The golden rule of fiscal policy is that the governments
are expected to borrow over the cycle to financeSolution
The Golden Rule states that over the economic cycle, the Government will borrow only to invest and not to fund current spending. In layman's terms this means that on average over the ups and downs of an economic cycle the government should only borrow to pay for investment that benefits future generations.
RBI was initially constituted to ___________.
Under SBI Act, 1959, how many associate banks of SBI were formed from 8 princely states ?
Arrangement made for the likely loss in the profit and loss account while finalizing accounts of banks is known as...............................
What are Basel III accords?
I. Enhanced minimum capital & liquidity
II. Enhance risk discloser & market discipline
III. Repu...
ISRO signed a technology transfer agreement with HAL for production of which launch vehicle?
When was General Insurance Corporation established?
Obligations under Prevention of Money Laundering Act 2002 is defined under which section?
In 1921, three Banks were merged into one Bank i.e, Imperial Bank. They are:
Which of the following is true?
I. Small Industries Development Bank of India (SIDBI) is a central or apex institution for financing agricultu...
Repo and Reverse repo rates are two rates set by RBI for .................... ?
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