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प्रश्न
Instrument of monetary policy is:
पर्याय
Bank rate
Cash reserve ratio
Both Bank rate and Cash reserve ratio
Neither Bank rate nor Cash reserve ratio
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उत्तर
Both Bank rate and Cash reserve ratio
Explanation:
Instruments of monetary policy include the Bank rate and the Cash reserve ratio (CRR), among others. These tools are used by central banks to control the money supply and influence interest rates in the economy.
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संबंधित प्रश्न
The essential feature of a tax.
The state can promote economic development by ______.
A policy under which the government uses its expenditure and revenue to produce desirable effect and avoid undesirable effects on the national income, production and employment. This defines ______.
Which of the statement is true for income tax?
Match the following:
| Column I | Column II | ||
| A. | Direct tax | (i) | Tax rate increases with tax base |
| B. | Indirect tax | (ii) | Tax rate remains constant |
| C. | Proportional tax | (iii) | Imposed on goods and services |
| D. | Progressive tax | (iv) | Impact and incidence lie on the same person |
State two objectives of fiscal policy.
Citing reason state the advantage of a progressive tax over proportional tax.
An indirect tax is not always equitable. Give two reasons to support your answer.
Classify the following type of tax into direct and indirect taxes:
Entertainment tax
Explain how tax can be used as an instrument to regulate consumption and production in an economy.
