Question
Which of the following is the short-term loans provided
by the RBI to the government to help it deal with any discrepancies between receipts and payments?Solution
Ways and means advances is a mechanism used by Reserve Bank of India under its credit policy to provide to States, banking with it, to help them tide over temporary mismatches in the cash flow of their receipts and payments. Reserve Bank of India reduced the Ways and Means Advances (WMA) for states and union territories to Rs 47,010 crore from Rs 51,560 crore. The Government of India’s WMA limit for the first half of fiscal year 2022-23 has been set at Rs 1,50,000 crore.
The "liquidity trap" refers to a situation where:
If price of all commodities rise in the same proportion then,
Expansionary fiscal policy in the classical model will cause aggregate demand to-----potential output?
Which school of economic thought suggested that one possible cause of inflation was a ‘push’ from the cost side?
The 'Trickle-Down Theory' in economics is most associated with the effects of:
In two commodity worlds if one good is inferior then the other must be
When the slope of average cost is negative then which of the following holds true?
What is the Capital to RiskWeighted Assets Ratio (CRAR) of scheduled commercial banks (SCBs) as of end March 2024 according to the Financial Stability R...
The concept of vicious circle of poverty is associated with
If the total revenue from sales of X is given by the equation R=100Q-2Q^2. What is the point elasticity of demand when MR=20
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