Teaching MPPSC Assistant Professor Mock Test Series 2025 General Knowledge Economy Money and Banking
Consider the following statements.
1. The repo rate is the rate at which other banks borrow from the Reserve Bank of India.
2. A value of „0‟ for Gini Coefficient in country implies that there is perfectly equal income for everyone in its population.
Which of the statement(s) given above is/are correct?
1
Only 1
2
Only 2
3
Both 1 and 2
4
Neither 1 nor 2