The 'National Commission for Scheduled Tribes' is constituted under which article? MCQ with Answer and Explanation

Explanation:
Market failure occurs when free markets fail to allocate resources efficiently. Causes include externalities, public goods, asymmetric information and monopoly power. Perfect competition is an ideal, not a failure.

Explanation:
The Financial Stability and Development Council is chaired by the Union Finance Minister.

Explanation:
Financial repression encompasses a set of policies—interest-rate ceilings, high reserve requirements, directed credit and capital controls—that hold real interest rates low and facilitate cheap financing of the government.