Q1 · medium · AI-verified
Which committee's recommendations led to the establishment of the Monetary Policy Committee (MPC) in India?
- C. Rangarajan Committee
- Urjit Patel Committee
- Raghuram Rajan Committee
- Y.V. Reddy Committee
Q2 · medium · AI-verified
Which committee recommended the adoption of inflation targeting in India?
- Rangarajan Committee
- Urjit Patel Committee
- Nachiket Mor Committee
- Raghuram Rajan Committee
Q3 · medium · AI-verified
The Laffer Curve demonstrates the relationship between:
- Tax rates and tax revenue
- Government spending and economic growth
- Interest rates and investment
- Money supply and inflation
Q4 · medium · AI-verified
What is the current Statutory Liquidity Ratio (SLR) maintained by Indian banks as of 2024?
- 20%
- 19.5%
- 18%
- 21%
Q5 · medium · AI-verified
Under the FRBM Act, what is the target for fiscal deficit as a percentage of GDP for the Central Government?
- 4% of GDP
- 2.5% of GDP
- 3% of GDP
- 3.5% of GDP