The 'Food Corporation of India' was established in which year? MCQ with Answer and Explanation

Explanation:
The IMF provides temporary financial support to countries facing balance of payments difficulties, conducts economic surveillance and offers technical assistance. Long-term project finance is the domain of the World Bank.

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

Explanation:
Because individuals can enjoy the benefits of a pure public good without paying, they have an incentive to free-ride, resulting in under-provision if left to the private market.