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Start learning 50% faster. Sign in now Monetary policy is a set of actions taken by a country's central bank to control the money supply and interest rates. Monetary policy is different from Fiscal Policy which is managed by the Ministry of Finance and measures the spending and taxation in the Indian Economy. Hence, statement I is correct. Monetary Policy is formed and managed by the Reserve Bank of India to control a nation's overall money supply and achieve economic growth. Hence, statement II is correct. The MPC determines the policy repo rate required to achieve the inflation target while other decisions are taken by the RBI. Hence, option B is correct because both Statement-I and Statement-II are correct and Statement-II is not the correct explanation for Statement-I.
A man donated 10%, 16% and 28% of his income to three NGOs ‘A’, ‘B’ and ‘C’, respectively. They spent 75%, 80% and 50% of respective sums re...
A student multiplied a number by 2/5 instead of 5/2 . What is the percentage error in the calculation?
In a village with a population of 56,000, 35% are children, and the rest are adults. Out of the adult population, 80% are registered voters. How many r...
A girl spent 30% of her monthly income on clothing. Of the remaining, she spent on travel and food in the ratio of 4:3. If the difference of the income ...
A Company allow 8% commission on the total sales to its salesman but if the salesman is appointed on a fix salary of Rs. 10000 and 6% commission on the...
The population of the town is 270,000 4/9th of them are males and the rest are females. 50% males and 40% females are married. Find the unmarried popula...
A person saves 25% of his monthly income. If his monthly is increased by 35% and he still saves the same amount as before then find percentage increase ...
A man spent 20% of his income in May. If his savings is increased by 20% in June and becomes Rs. 11520, then find the income of man in May.
A man spends 72% of his income. If his income increases by 28% and his expenditure increases by 25%, then what is the percentage increase or decrease in...
Income of A is 52% of the Income of B and A together. The saving of B is 30% of his Income and equals to Rs. 8100. Find the difference between the incom...
