Start learning 50% faster. Sign in now
Get Started with ixamBee
Start learning 50% faster. Sign in now● Statement 1 is correct: The concept of Helicopter money was given by Milton Friedman and deals with the creation of demand in the economy thereby boasting its growth. In situations of slowdown or recession when the people are reluctant to buy then by infusing money in the economy by the Central Bank at zero interest rates would lead to creation of demand and hence revive growth. ● Statement 2 is correct: Providing negative interest rates on deposits acts as a liability for the depositor. If banks provide a negative interest rate on saving accounts instead of +3% (consider) interest, then depositors instead of earning interest would be liable to pay some of the deposits. In case of loans, the borrower benefits as the negative interest charged by the investor would cause the investor to not only lend the money but also pay some extra amount as interest.
Who is the author of "Delhi Meri Delhi: before and after 1998"?
Which statements correctly describe the protocol for Demands for Grants in India?
(I) The DFG must be approved by the Rajya Sabha before becoming...
How many Bangladeshi officers has the Government of India agreed to train from 2025 to 2030, as per the renewed Memorandum of Understanding with Banglad...
Interest rate can also be understood as the opportunity cost of consuming now rather than saving and investing
Sberbank is related to which of the following country?
In which city was the India Defence Aviation Exposition (IDAX-24) inaugurated by Defence Minister Rajnath Singh?
The Competition Commission of India (CCI), which regulates anti-competitive practices in the marketplace, is a statutory body under the _______.
28th January is observed as:
Who has been roped as the brand ambassador of Vivo?
April ____ is observed as Himachal Day. Himachal Pradesh became a full-fledged state on this day.