Welcome to your Sarat Chandra IAS 24th June Quiz
Consider following statements regarding components of "double financial repression": 1.Statutory liquidity ratio (SLR) and Priority sector lending (PSL) requirements are a repression on the asset side. 2.Reduction in household’s financial savings is a repression on the liability side. Which of the statement(s) given above is/are correct?
. Consider the following statements regarding Dear Money Policy: 1.RBI decreases the Bank Rate. 2.Commercial banks can get the money at the higher rate of interest. 3.RBI starts raising the CRR and sells the securities to Commercial Banks. Which of the statement(s) given above is/are related to Dear Money policy?
Consider the following statements about Gini coefficient: 1.Gini coefficient measures income inequality. 2.The value of Gini coefficient is more for urban India than rural India. Which of the statement(s) given above is/are correct?
With reference to Imported Inflation, consider the following statements: 1.When the general price level rises in a country because of the rise in prices of imported commodities, inflation is termed as imported. 2.The weakening of the domestic currency may lead to imported inflation in the country. Which of the statement(s) given above is/ are correct?
Consider the following statements regarding Consumer Price Index (CPI) and Wholesale Price Index (WPI): 1.CPI is a better indicator than WPI in assessing the impact of inflation on household. 2.The RBI uses CPI as a prime inflation index for its monetary policy. 3.WPI includes basket of goods only but not services. Which of the statements given above are correct?