In the context of monetary policy, the 'Corridor' system refers to: MCQ with Answer and Explanation

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In the context of monetary policy, the 'Corridor' system refers to:

A. The range between repo and reverse repo rates

B. The range of fiscal deficit targets

C. The range of exchange rate fluctuations

D. The range of CRR variations

Answer: Option A

Solution (By JKSSB Mock Tests)

The policy rate corridor is defined by the repo rate (ceiling) and reverse repo rate (floor), within which the overnight inter-bank rate fluctuates.

This question belongs to: Economy GK Economy Set 1

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The 'Periodic Labour Force Survey' is conducted by:

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B. NITI Aayog

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Correct Answer: Option A

Explanation:
The Periodic Labour Force Survey is conducted by the National Statistical Office.

This question belongs to: Economy GK Economy Set 1

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The 'Insolvency and Bankruptcy Board of India' regulates:

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Correct Answer: Option D

Explanation:
IBBI regulates insolvency professionals, agencies and information utilities.

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The 'NABARD' was established on the recommendation of which committee?

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Correct Answer: Option B

Explanation:
NABARD was established on the recommendation of the Sivaraman Committee.

This question belongs to: Economy GK Economy Set 1

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