With reference to India, consider the following statements :
Syllabus Connection
NCERT Connection
Ch.3: Money and Banking
Economics • Class 12 • Class 12 Macroeconomics
Related PYQs in Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment
In India, the central bank's function as the 'lender of last resort' usually refers to which of the following? 1. Lending to trade and industry bodies when they fail to borrow from other sources 2. Providing liquidity to the banks having a temporary crisis 3. Lending to governments to finance budgetary deficits Select the correct answer using the code given below.
With reference to Indian economy, demand-pull inflation can be caused/increased by which of the following? 1. Expansionary policies 2. Fiscal stimulus 3. Inflation-indexing wages 4. Higher purchasing power 5. Rising interest rates Select the correct answer using the code given below.
The money multiplier in an economy increases with which one of the following?