Start learning 50% faster. Sign in now
This situation is described by the "Impossible Trinity" or "Trilemma" in international economics, which states that it is impossible for a country to have all three of the following at the same time: a fixed foreign exchange rate, free capital movement, and an independent monetary policy. In an open economy with free capital flows, the central bank can either stabilize the exchange rate or set the interest rate, but it cannot do both simultaneously. If the central bank tries to set the interest rate, it loses control over the exchange rate, and vice versa.
What is the key amendment in the provision regarding business credit cards issued by card-issuers to business entities/individuals for business expenses...
What was India's current account deficit (CAD) as a percentage of GDP in FY24 as per economic survey 2023-24?
One of the biases that tend to distort appraisals is Halo effect. Halo effect refers to which of the following?
Which of the following is not one of the components of PMAY-Urban?
With full implementation of Basel III norms, the minimum Total Capital Ratio (including CCB) is prescribed by RBI as ________
Which of the following is not one of the ‘S’ in the 5 S technique used for controlling waste?
Which of the following types of documentary credit allows the beneficiary (exporter) to receive payment even if the documents do not comply with the exa...
For more than three years (unsecured) doubtful advances, provision will be made for
What role does a merchant bank play in the process of 'syndicating a loan'?
How much loan did Fusion Micro Finance obtain from the United States International Development Finance Corporation (DFC)?