Question
In 2023-24 (FY24), how much worth of sovereign gold
bonds (SGBs) did the Reserve Bank of India sell, marking the highest-ever response to the instrument since its introduction in November 2015?Solution
In 2023-24 (FY24), the Reserve Bank of India sold sovereign gold bonds (SGBs) worth 44.3 tonnes, marking the highest-ever response to the instrument since its introduction in November 2015. In terms of value, with SGBs valued at $3.26 billion in FY24, it is expected to save 7-8 per cent of the country’s annual import bill for the precious yellow metal.
On a graph for a monopolist or monopolistic competitor, which of the following curves coincide?
The equation for a supply curve is P = 3Q – 8. What is the elasticity in moving from a price of 4 to a price of 7?
Individuals can now directly purchase treasury bills, dated securities, sovereign gold bonds (SGB) and state development loans (SDLs) under RBI’s ___...
In the Classical model, if there is an increase in aggregate demand, what will be the long-run effect on output and prices?Â
Consider the following:
Assertion (A): According to Peacock-Wiseman hypothesis, public expenditure increases overtime in a step-by-step manner.
Which of the following is not an example of market failure?
What does the Purchasing Managers' Index (PMI) measure?
The credit manager at a Departmental store collects data on 100 of her customers. Of the 60 men, 40 have credit cards (C). Of the 40 women, 30...
In the Classical model, what is the shape of the Aggregate Supply (AS) curve in the long run, and why?
An investor who expects a stock price to fall significantly might use which strategy?