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In India, which one of the following is responsible for maintaining price stability by controlling inflation? [UPSC Civil Services Exam – 2022 Prelims] (a) Department of Consumer Affairs (b) Expenditure Management Commission (c) Financial Stability and Development Council (d) Reserve Bank of India Answer: (d) Explanation: Reserve Bank of India is India’s central bank has […]
With reference to Convertible Bonds, consider the following statements: As there is an option to exchange the bond for equity, Convertible Bonds pay a lower rate of interest. The option to convert to equity affords the bondholder a degree of indexation to rising consumer prices. Which of the statements given above is/are correct? [UPSC Civil […]
With reference to the ‘Banks Board Bureau (BBB)’, which of the following statements are correct? The Governor of RBI is the Chairman of BBB. BBB recommends for the selection of heads for Public Sector Banks. BBB helps the Public Sector Banks in developing strategies and capital raising plans. Select the correct answer using the code […]
Consider the following statements: In India, credit rating agencies are regulated by Reserve Bank of India. The rating agency popularly known as ICRA is a public limited company. Brickwork Ratings is an Indian credit rating agency. Which of the statements given above are correct? [UPSC Civil Services Exam – 2022 Prelims] (a) 1 and 2 […]
Consider the following statements: Tight monetary policy of US Federal Reserve could lead to capital flight. Capital flight may increase the interest cost of firms with existing External Commercial Borrowings (ECBs). Devaluation of domestic currency decreases the currency risk associated with ECBS. Which of the statements given above are correct? [UPSC Civil Services Exam – […]
Consider the following statements: Gujarat has the largest solar park in India. Kerala has a fully solar powered International Airport. Goa has the largest floating solar photovoltaic project in India. Which of the statements given above is/are correct? [UPSC Civil Services Exam – 2022 Prelims] (a) 1 and 2 (b) 2 only (c) 1 and […]
India is regarded as a country with “Demographic Dividend’’. This is due to [UPSC Civil Services Exam Prelims – 2011] (a) Its high population in the age group below 15 years. (b) Its high population in the age group of 15–64 years. (c) Its high population in the age group above 65 years. (d) Its […]