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GENERAL KNOWLEDGE
If the inflation in an economy is rising...

If the inflation in an economy is rising steadily, the Central Bank might ______.

A

keep the repo rate unchanged

B

decrease the repo rate

C

decrease the reverse repo rate

D

increase the repo rate

Text Solution

Verified by Experts

The correct Answer is:
D
The inflation in an economy is rising steadily then the central bank might increase the repo rate.
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PINNACLE-ECONOMICS-MCQ (NATIONAL INCOME, IFLATION, BUDGET, TAXATION AND GDP)
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  2. Which of the following is NOT a nationalised bank?

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  3. If the inflation in an economy is rising steadily, the Central Bank mi...

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  4. Merchant discount rate refers to .

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  5. Which of the following Acts was amended to provide a statutory basis f...

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  6. Which among the following financial institutions was nationalised in 1...

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  7. Which of the following is the apex banking institution of India that r...

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  8. Which of the following banks prints the currency notes in India?

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  9. Who among the following formulates the monetary policy in India?

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  10. Reserve Bank of India, which acts as a banker to the Central Governmen...

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  11. Which section of the RBI Act empowers the Central Government to supers...

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  12. The Coinage Act, 2011, allows issue of coins up to the denomination of...

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  13. Which of the following Public Sector Undertakings was accorded the Mah...

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  14. Which of the following companies is a Navratna company?

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  15. Which of the following is NOT an Indian Multinational Company?

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  16. Which of the following is NOT a Navratna Company?

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  17. Which of the following pairs is INCORRECTLY matched?

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  18. Which of the following Public Sector Undertakings does NOT have 'Mahar...

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  19. ONGC is a subsidiary of the Indian public sector enterprise, Oil and ...

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  20. Which of the following public sector enterprises falls under the statu...

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