Assertion (A): Inflation is  a general  rise in the levels of prices of goods and services in an economy over a period of time

Reason (R): Inflation causes an increase in the opportunity cost of holding money, uncertainty over future inflation which may discourage investment and savings

Codes:

In which year Reserve Bank of India established?

With regard to the WTO subsidies are covered in two seperate international economic law agreements. Which are they?

The growth of GDP was __________ during 1980 - 1990.

Which of the following were the aims behind the setting up of the World Trade Organization (WTO)?

1. Promotion of free trade and resources flows across the countries
2. Protection of Intellectual Property Rights
3. Managing balanced trade between different  nations

4. remove barriers of trade

Privatization refers to.

The foreign investment includes

Which accounts are an accounting record of all monetary transactions between a country and the rest of the world?

Which of the following is not an aspect of privatization?

In 1991, India met with an economic crisis  relating to its ________ debt.