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With reference to India,consider the following statements:
1. The Wholesale Price Index(WPI) in India is available on a monthly basis only.
2. As compared to Consumer Price Index -
for Industrial Workers (CPI(IW)),the WPI gives less weight less weight to food articles.
Which of the statements given above is/are correct ?
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When the Reserve Bank of India announces an increase of the Cash Reserve Ratio,what does it mean ?
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Consider the following actions by the Government:
1. Cutting the tax rates
2. Increasing the government spending
3. Abolishing the subsidies
In the context of economic recession,which of the above actions can be considered a part of the "fiscal stimulus " package ?
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In India,the interest rate on savings accounts in all the nationalized commercial banks is fixed by
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