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'Basel III Accord' or simply 'Basel III', often seen in the news, seeks to
What is/are the purpose/purposes of the 'Marginal Cost of Funds based Lending Rate (MCLR)' announced by RBI? 1. These guidelines help improve the tran
With reference to 'Financial Stability and Development Council', consider the following statements: 1. It is an organ of NITI Aayog. 2. It is headed b
With reference to the Fourteenth Finance Commission, which of the following statements is/are correct? 1. It has increased the share of States in the
A decrease in tax to GDP ratio of a country indicates which of the following? 1. Slowing economic growth rate 2. Less equitable distribution of nation
The correct answer is option (c): Both 1 and 2. Watch the detailed video explanation in our Sherlocking Prelims course on UnlockIAS.
This question was asked in UPSC CSE Prelims 2015, GS Paper 1, as Question 100. It falls under Indian Economy > Banking & Financial Sector.
This question is rated "moderate". It requires sound conceptual understanding of the topic.
UPSC has asked 48 questions from Banking & Financial Sector (under Indian Economy) across multiple years. Visit the topic page to see the full list and year-wise trends.