UPSC 2013 • Q85Indian Economy & Socio-Economic DevelopmentMedium
Monetary Policy, RBI & Inflation Dynamics
Supply of money remaining the same when there is an increase in demand for money, there will be
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More Official Questions on Monetary Policy, RBI & Inflation Dynamics
All Indian Economy & Socio-Economic Development→India has experienced persistent and high food inflation in the recent past. What could be the reasons? 1. Due to a gradual switchover to the cultivation of commercial crops, the area under the cultivation of food grains has steadily decreased in the last five years by about 30%. 2. As a consequence of increasing incomes, the consumption patterns of the people have undergone a significant change. 3. The food supply chain has structural constraints. Which of the statements given above are correct?
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The Reserve Bank of India (RBI) acts as a bankers' bank. This would imply which of the following?
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