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प्रश्न
Instrument of monetary policy is:
विकल्प
Bank rate
Cash reserve ratio
Both Bank rate and Cash reserve ratio
Neither Bank rate nor Cash reserve ratio
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 government imposes tax ______.
Which of the following is an advantage of direct taxes?
Observe the relationship of the first pair of words and complete the second pair:
Tax paid by person on whose it is imposed : Direct tax.
A tax is paid by some person and the final burden is born by some other person : ______.
Match the following:
Column I | Column II | ||
A. | Impact of tax | (i) | Price stability |
B. | Incidence of tax | (ii) | Simple to calculate |
C. | Objective of Monetary Policy | (iii) | Ultimate burden of tax |
D. | Proportional tax | (iv) | Original imposition of tax |
Define fiscal policy.
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:
Income tax
Differentiate between progressive and regressive taxes giving an example for each.
Explain the significance of taxes.
Explain how indirect taxes can be made progressive.