Indian Economy MCQ: Consider the following statements: 1. The repo rate is the rate at which other banks borrow from the Reserve Bank of India. 2. A value of 1 for Gini Coefficient in a country implies that there is perfectly equal income for everyone in its population. Which of the statements giver, above is/are correct? [IAS 2007] | Extra Education

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Consider the following statements: 1. The repo rate is the rate at which other banks borrow from the Reserve Bank of India. 2. A value of 1 for Gini Coefficient in a country implies that there is perfectly equal income for everyone in its population. Which of the statements giver, above is/are correct? [IAS 2007]

Correct Answer: 1 only

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WhatsApp+91 99922 70404Indian Economy MCQ: Consider the following statements: 1. The repo rate is the rate at which other banks borrow from the Reserve Bank of India. 2. A value of 1 for Gini Coefficient in a country implies that there is perfectly equal income for everyone in its population. Which of the statements giver, above is/are correct? [IAS 2007] | Extra Education