Consider the following: 1. High growth rate 2. High unemployment 3. High Inflation Which among the above is/ are features of “stagflation” ? [A]1 & 2 [B]2 &...
In context with money markets, what is Quantitative Easing? [A]Lowering the interest rates slowly [B]Lengthening the time of debt repayment [C]Pumping money in economy directly [D]Restructuring the cash...
In context with the International Currencies and Reforms the International Monetary System, it has been quoted by a leading economist that – if a national currency also serves...
Consider the following statements in context with the Free Market Economy: 1. The role of market forces and competition is eliminated by law 2. There is a high...
Consider the following instruments of RBI’s monetary policy: 1. Reverse Repo Rate 2. Cash Reserve Ratio 3. Statutory Liquidity Ratio An increase in which among these could raise...
In context with the Centrally Sponsored Schemes in India, what is committed liability? [A]The Budget allocation for the scheme for a financial year [B]Total expenditure incurred in the...
Many countries, specially in Europe in recent times have adopted the “Austerity Measures”. What are “Austerity measures”? 1. They are typically taken in a situation where a country...
In the current global economic environment, global food prices affect India’s domestic prices in a condition when 1. India imports food products 2. India exports food products 3....
Consider the following observations about the Minimum Support Price mechanism in India: 1. They are determined by Commission for Agricultural Costs and Prices (CACP) 2. A cost plus...
The proposed National Food Security Bill, 2011, if is enacted, may cause which among the following most probably? [A]Demand Pull Inflation [B]Cost Push Inflation [C]Stagflation [D]Hyperinflation Click for...
In the recent years, India has encountered successive bouts of high food inflation. What are the factors driving food inflation? 1. Shift in dietary habits towards protein foods...
