Along with the Budget, the Finance Minister also places other documents before the Parliament which includes “The Macro-Economic Framework Statement’. The aforesaid document is presented because this is mandated by

(a) Long-standing parliamentary convention (b) Article 112 and Article 110(1) of the Constitution of India (c) Article 113 of the...

In India, the central bank’s function as the ‘lender of last resort’ usually refers to which of the following?

1. Lending to trade and industry bodies when they fail to borrow from other sources 2. Providing liquidity to the...

With reference to ‘Water Credit’, consider the following statements:

1. It puts microfinance tools to work in the water and sanitation sector. 2. It is a global initiative launched...

With reference to India, consider the following statements:

1. Retail investors through demat accounts can invest in ‘Treasury Bills’ and ‘Government of India Debt Bonds’ in the primary...

With reference to the Indian economy, demand-pull inflation can be caused/increased by which of the following?

1. Expansionary policies 2. Fiscal stimulus 3. Inflation-indexing wages 4. Higher purchasing power 5. Rising interest rates Select the correct...

The money multiplier in an economy increases with which one of the following?

(a) Increase in the cash reserve ratio in the banks (b) Increase in the Statutory Liquidity Ratio in the banks ...

Which one of the following is likely to be the most inflationary in its effects?

(a) Repayment of public debt (b) Borrowing from the public to finance a budget deficit (c) Borrowing from the banks...

Which one of the following effects of the creation of black money in India has been the main cause of worry to the Government of India?

(a) Diversion of resources to the purchase of real estate and investment in luxury housing (b) Investment in unproductive activities...

Consider the following statements:

Consider the following statements: The effect of devaluation of a currency is that it necessarily 1. Improves the competitiveness of...

Consider the following:

Consider the following: 1. Foreign currency convertible bonds. 2. Foreign institutional investment with certain conditions 3. Global depository receipts 4....

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