Bank PO Questions & Answers
The target of 9 percent economic growth is very ambitious given the current state of the global economy but can be achieved if India is able to overcome problems of inadequate infrastructure and managed its resources better. India has been able to achieve around 8.2 percent growth rate in the 11th plan period, so a
How the riots or turmoil in Egypt can affect the pricing of food and oil..How can it push up the prices of commodities?
Egypt is not a major oil producer or exporter when compared to the other countries of the region. It produces about 600000 barrels of oil a day but exports only 89000 barrels a day (A barrel of oil is defined as 42 US gallons which is almost 159 litres). Most of the produce is used
In international economic relations and international politics, most favoured nation (MFN) is a status or level of treatment accorded by one state to another in international trade. The term means the country which is the recipient of this treatment must, nominally, receive equal trade advantages as the "most favored nation" by the country granting such
Skeflation refers to inflation in some commodities , deflation in others. India's Economic survey 2010-11 says: The year 2010-11 has been a year of more than one such skewflationary episode. At the beginning of the calendar year 2010 and even in the first months of the fiscal year 2010-11 inflation was high for food grains,
There was a recent hike in interest rates on Savings Banks from 3.5% to 4% after a period of 8 years. The first thing you must note that still in India, the interest rates on Savings Banks are NOT deregulated , though there are views on both pros and cons of deregulating the interest rates