Statement I is correct- The Repo rate is the interest rate at which the Reserve Bank provides overnight liquidity to banks against the collateral of government and other approved securities under the liquidity adjustment facility (LAF), Statement II is correct - Bank rate is the rate at which the RBI is ready to buy or rediscount bills of exchange or other commercial papers. The Bank Rate is published under Section 49 of the RBI Act, 1934. Statement III is correct - Cahs reserve ratio is the average daily balance that a bank is required to maintain with the Reserve Bank as a share of such per cent of its Net demand and time liabilities (NDTL) that the Reserve Bank may notify from time to time in the Gazette of India.
In the basic Solow model of growth
In a given year, the nominal GDP of a country was $2,500 billion and the real GDP was $2,000 billion. What is the GDP deflator for that year?
Let X and Y be two related variables. The two regression lines are given by x-y+1=0 and 2x-y+4=0. The two regression lines pass through the point:
Which of the following best describes the short-run Aggregate Supply (AS) curve in the presence of sticky wages?
Consider a fractional reserve banking system with a legally required reserve-deposit ratio of m. Suppose that an individual deposits ID dollars in one b...
To gauge the sacrifice made by a taxpayer, we should use the _____ tax rate.
With fixed costs of $400, a firm has average total costs of $3 and average variable costs of $2.50. Its output is:
If the marginal product function of quibs is positive from 0 to 25 units of quibs, and 0 for 25 units of quibs and above, the total product function of ...
The two regression lines are 12X+8Y=104 and 24X+12Y=124. Find the correlation coefficient.
If the Gross Domestic Product (GDP) at market prices is $1,000 billion, the indirect taxes are $200 billion, and subsidies are $50 billion, what is the ...
