MCQOPTIONS
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| 1. |
Consider the following statements 1. Repo rate is the rate at which other banks borrow money from the Reserve Bank of India. 2. A value of 1 of the Gini coefficient of a country means that the income of everyone in that country is completely equal. Which of the above statement(s) is/are correct? |
| A. | only 1 |
| B. | only 2 |
| C. | both 1 and 2 |
| D. | neither 1 nor 2 |
| Answer» D. neither 1 nor 2 | |