Question
Consider the following statements about monetary
policy: 1. The Reserve Bank of India (RBI) uses monetary policy to regulate money supply and interest rates. 2. Expansionary monetary policy involves increasing interest rates to control inflation. 3. Monetary policy is used to stabilize the economy by targeting inflation and growth. Which of the above statements are correct?Solution
RBI uses monetary policy to regulate money supply and stabilize the economy (statements 1 and 3). Expansionary policy reduces interest rates to boost economic activity, not increase them (statement 2 is incorrect).
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The river known as Ganges of the South is:
In which type of the following insurances does the premium amount remains the same all over the period, it doest change?
Who was the President of the Indian National Congress during the visit of the Simon Commission to India?
NABARD has launched an agroecology-based programme named ‘JIVA programme’. The objective of the programme is to promote ______________.
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Which was the largest of the numerous native states before independence?
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