Question : A low-interest policy is also known as:
Option 1: cheap money policy
Option 2: income generating
Option 3: dear money policy
Option 4: investment policy
Correct Answer: cheap money policy
Solution : The correct option is a cheap money policy.
A cheap money policy is a term used to describe a low-interest rate strategy. This phrase refers to a central bank's policy of keeping interest rates low to encourage borrowing and spending. When money is referred to as cheap in this context, it generally refers to low borrowing costs.
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Question : Offloading government shares to private companies is known as _____.
Option 1: investment
Option 2: disinvestment
Option 3: centralisation
Option 4: decentralisation
Question : Methyl ethyl ketone is also known as:
Option 1: 2-Butanone
Option 2: Propanone
Option 3: Methyl pentanone
Option 4: 2-butanol
Question : What is the full form of GNI?
Option 1: Gross National Interest
Option 2: Gross National Income
Option 3: Gross Net Interest
Option 4: Gross Net Income
Question : BIT is also known as ___________.
Option 1: binary language
Option 2: binary digit
Option 3: binary number
Option 4: gigabyte
Question : A sum of money amounts to INR 1,200 in 2 years and becomes INR 1,260 in 3 years at compound interest when interest is compounded annually. What is the rate of compound interest per annum?
Option 1: 5%
Option 2: 3%
Option 3: 4%
Option 4: 6%
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