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...
In India, the banks which are constituted as companies are governed by the Banking Regulation Act, 1949 and the Companies Act, 1956. Which among the following banks come...
The Financial Stability and Development Council (FSDC) was set up by the Government of India in 2010, under the chairmanship of the finance minister. Its primary objective is...
