The concept of 'Macroprudential Policy' aims at: MCQ with Answer and Explanation

The concept of 'Macroprudential Policy' aims at:
A. Only the soundness of individual institutions
B. Only price stability
C. Only fiscal sustainability
D. Limiting systemic risk and ensuring the stability of the financial system as a whole
Answer: Option D
Solution (By JKSSB Mock Tests)
Macroprudential policy uses regulatory and supervisory tools to mitigate systemic risk and to increase the resilience of the financial system as a whole, complementing microprudential supervision of individual institutions.

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Practice More Economy Set 1 Questions

Question #1
The target of installed renewable energy capacity set by India for 2030 is:
A. 175 GW
B. 100 GW
C. 450 GW
D. 500 GW

Correct Answer: Option D


Explanation:
India has set a target of 500 GW of non-fossil fuel capacity by 2030.

This question belongs to: Economy GK Economy Set 1
Question #2
The 'Census of India' is conducted every how many years?
A. 5
B. 20
C. 15
D. 10

Correct Answer: Option D


Explanation:
The Census of India is conducted every 10 years.

This question belongs to: Economy GK Economy Set 1
Question #3
The 'good and services tax' on petroleum crude, diesel, petrol, natural gas and aviation turbine fuel:
A. is exempt
B. has been fully included
C. is presently outside GST
D. is levied at zero rate

Correct Answer: Option C


Explanation:
These petroleum products are currently outside the GST regime.

This question belongs to: Economy GK Economy Set 1