Question : The Monetary Policy Committee maintained a hawkish stance on the interest rates. In this context, the 'hawkish stance' means_____.
Option 1: interest rates were decreased
Option 2: interest rates were increased
Option 3: interest rates were kept unchanged
Option 4: money supply was increased
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Correct Answer: interest rates were increased
Solution : The correct answer is interest rates were increased.
In the context of monetary policy, a "hawkish stance" means that policymakers, such as the Monetary Policy Committee (MPC), are advocating for or implementing policies that aim to control inflation or reduce the money supply. Hawkish policies often involve raising interest rates to curb inflationary pressures or cool down an overheating economy. The term hawkish is used to describe a more aggressive or vigilant approach to monetary policy to ensure price stability and control inflation, even if it may slow down economic growth.
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Question : Government borrowing to finance budget deficits ____________.
Option 1: will exert downward pressure on interest rates
Option 2: will not affect interest rates
Option 3: will increase the supply of loanable funds
Option 4: will put upward pressure on interest rates
Question : Which of these statements is true?
Option 1: At lower rates of interest, people will have a lower preference for liquidity.
Option 2: At higher rates of interest transactions, demand for money will be higher.
Option 3: At lower rates of interest, speculative demand for money will be higher.
Option 4: At higher rates of interest, the liquidity preference of people will increase.
Question : Which committee was established on Criminal-Politician and Bureaucratic nexus?
Option 1: Vohra Committee
Option 2: Indrajit Gupta Committee
Option 3: Tarkunde Committee
Option 4: Santhanam Committee
Question : The committee to 'Operationalise the Suggestions to Teach Fundamental Duties to the Citizens of the Country' is popularly known as the_____________.
Option 1: L. P. Singh committee
Option 2: Abhijit Sen committee
Option 3: Paul Appleby committee
Option 4: J. S. Verma Committee
Question : Parts of the following sentence have been given as options. Select the option that contains an error. The committee was divided on the issue, and neither side were willing to compromise on the compensation amount to be given.
Option 1: and neither side were willing to
Option 2: amount to be given
Option 3: compromise on the compensation
Option 4: The committee was divided on the issue
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