Question
Which of the following is/are challenge of the monetary
policy in India? i. Ineffective transmission of monetary policy ii. Inflation expectations are very difficult to assess iii. Use of CPI has increased the time lag in measurement of inflationSolution
Effectiveness of the transmission channels of monetary policy is not known in India at this point in time. Not unsurprisingly, transmission mechanisms are found to be not effective even in most advanced economies (AEs). For measuring inflation expectations, expectation surveys are often used, for example, in giving a forecast or a rough approximation to a forecast of inflation. But the stated expectations may not be the same as what might be called ‘functional’ expectations. Wholesale price index (WPI) was the preferred inflation anchor till recently because of its wider coverage, a short time lag and weekly (it became a monthly index from 2011) availability. CPI has more time lag.
Statements:
P < Q < R < S ≤ B < H; S > N ≥ Y
Conclusions:
I) P < Y
II) R ≥ N
In the question, assuming the given statements to be true, find which of the conclusion (s) among given three conclusions is/are definitely true and the...
Statements: P ≥ Q ≥ R = S, Q ≥ T > U ≥ V
Conclusion:
I. P ≥ V
II. P > V
Statements: J < K; L = M; K >N ≥ L
Conclusions:
I. J < L
II. N = M
Statements: M = N ≤ P = C > G, D ≥ M > T = F
Conclusion:
I. D ≥ N
II. N > F
III. F < P
Statements: A ≥ B ≥ Y = Z = M ≥ N ≤ E ≤ F = J
Conclusions:
I. F > Z
II. J ≤ Y
Which of the following expression symbols should replace the question mark(?) in the given expressions to make the expression C ≥ E as well as D > M d...
Statement: M < N; L ≥ U; L ≥ Q; U > N ≥ T
Conclusion:
I. N > Q
II. Q > T
Statements: X < H = U ≤ I < N = M, M > B ≥ V
Conclusions:
I. I > V
II. U ≥ MStatement: D > C > U < K > E > N < A
Conclusion:
I. D > N
II. D > A
