A. Promoting the development of the securities market
B. Protecting the interests of investors
C. Issuing currency notes
D. Regulating the securities market
Answer: Option C
Solution (By JKSSB Mock Tests)
Issuing currency notes is the function of RBI. SEBI regulates the securities market, protects investors and promotes the orderly development of the capital market.
Explanation:
The twin deficit hypothesis refers to the co-existence of a fiscal deficit and a current account deficit, which can be linked through the absorption approach or saving-investment identity.
Explanation:
GST is largely regressive because lower-income groups spend a higher proportion of their income on consumption, bearing a relatively higher tax burden compared to higher-income groups.
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