The 'Goods and Services Tax' Council was constituted in which year? MCQ with Answer and Explanation

Explanation:
In reverse repo, the RBI sells securities to banks with an agreement to repurchase later, absorbing liquidity.

Explanation:
The Union Finance Minister can convene meetings of the GST Council.

Explanation:
Crowding out is more pronounced when the economy is close to full employment, as higher government borrowing raises interest rates and reduces private investment.