Interest Rate Policy

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1. Who among the following has suggested tax on expenditure?
(a) Dalton
(b) Kaldor
(c) Musgrave
(d) GautamMathur

Ans.(b)

2. Deficit financing is an instrument of
(a) monetary policy
(b) credit policy
(c) fiscal policy
(d) tax policy

Ans.(c)

3.The ‘Interest Rate Policy’ is a component of
(a) Fiscal Policy
(b) Monetary Policy
(c) Trade Policy
(d) Direct Control

Ans.(b)

4. Imperial Bank was constituted in the year?
(a) 1930
(b) 1935
(c) 1955
(d) 1921

Ans.(d)

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