Question
Consider the following statements about fiscal
policy: 1. Fiscal policy involves government spending and taxation to influence the economy. 2. Counter-cyclical fiscal policy refers to reducing government spending during a recession. 3. Fiscal policy aims to achieve economic stability and growth. Which of the above statements are correct?Solution
Fiscal policy uses spending and taxation to stabilize and grow the economy (statements 1 and 3). Counter-cyclical fiscal policy increases spending during recessions to stimulate demand (statement 2 is incorrect).
RBI introduced a separate channel, called____________, for non-resident investment in Government of India dated securities with effect from April 1, 2020.
Which term best describes the penalty for early withdrawal from a fixed deposit?
Which of the following is India's first and largest depository of national securities?
Consider the following statement/s?
1. World Bank was established in 1944.
2. Its official name was the International Bank for Reconstruct...
__________ is the interest rate at which the Reserve Bank of India provides money to the scheduled commercial banks who are facing acute shortage of liq...
Who was the first president of Asian Development Bank (ADB)?
What is the maximum period for which a Public Sector Bank (PSB) can hold a NonPerforming Asset (NPA) before it must be classified as a loss asset?
GATT was established in 1948 with ______ countries as the global trade organisation to administer all multilateral trade agreements by providing equal o...
__________Â has partnered with HSBC to advance green hydrogen production aiming to to improve efficiency, cost-effectiveness, and scalability of green ...
_______Â has got approval for the complete acquisition of Ohm Global Mobility Private (OHM) from OHM International Mobility for a nominal consideration...
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