● 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.
1 bale of jute is equal to _____kg.
Bright yellow slimy ooze on wheat glumes and ears are symptoms of which disease?
Which one of the following is variety of triticale
Family of sesame is
Chlorophyll c is found in?
Mango Is an example of
The process of separating lint from seed in cotton is called ___
The medicinal plant known as “second shilajeet” is:
Currently, most commonly used milk packaging materials in India is:
What led to India's self-sufficiency in cotton production in the mid-1970s?