UPSC Prelims 2023Economy
Question 3 of 16Correct the following statements: Statement-I: In the post-pandemic recent past, many Central Banks worldwide had carried out interest rate hikes. Statement-II: Central Banks generally assume that they have the ability to counteract the rising consumer prices via monetary policy means. Which one of the following is correct in respect of the above statements?
Linked Syllabus Concepts
Revision notes for concepts tested in this PYQ.