In his budget (2014-15) speech, Finance Minister had announced setting up a commission to look into various aspects of expenditure reforms. Accordingly, an Expenditure Management Commission has recently been set up. The commission is headed by :

Which of the following is a function of the agent bank relating to flow of money in the process of loan syndication?

In order to develop infrastructure in the country at a faster pace, the Govt. of India has fixed some targets. In order to achieve this target, at present, how many kilometers of highway is required to be constructed per day?

Many a times, we read in newspapers that some big banks have revised their lending lends to make them dearer or cheaper. Though the decision to raise the lending rates is always in the hands of the banks normally they announce this decision of theirs:

1.       Immediately after the union Budget is presented in the Lok sabha every year.
2.       When the RBI makes changes in its policy rates.
3.       When the monetary and Credit Policy of the RBI is reviewed periodically.

The process by which the central bank of a country controls the supply of money in the economy by exercising its control over interest rates in orer to maintain price stability and achieve high economic growth is known as:

India’s Tax Administration Reform Commission submitted its first report to Finance Minister in June 2014 and this commission is headed by: