Prelims 2023 • Paper 1 (GS) • Q.22

Q.21 Q.23

Q.21 Q.23

Prelims • Paper 1 (GS) • 2023 • Q.22

Indian Economy

Consider the following statements :

Statement-I

In the post-pandemic recent past, many Central Banks worldwide had carried out interest rate hikes.

Statement-II

Central Banks generally assume that they have the ability to counteract the rising consumer prices via monetary policy means.

Which one of the following is correct in respect of the above statements?

2023 Prelims • Paper 1 (GS)

Q.21 Q.23

Syllabus Connection

Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment. (GS-III)

NCERT Connection

Ch.4: Determination of Income and Employment

Economics • Class 12 • Class 12 Macroeconomics

Ch.3: Money and Banking

Economics • Class 12 • Class 12 Macroeconomics

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