Supply of money remaining the same when there is an increase in demand for money, there will be
A fall in the level of prices
An increase in the rate of interest
A decrease in the rate of interest
An increase in the level of income and employment
Supply remaining the same, increase in demand for money will lead to more options to lend money for the banks. Thus, banks will lend money at greater rate of interest to earn more money as there are more customers for the same amount of money.
Local self-government can be best explained as an exercise in
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Consider the following pairs: Famous place - River 1. Pandharpur - Chandrabhaga 2. Tiruchirappalli - Cauvery 3. Hampi - Malaprabha Which of the pairs given above are correctly matched?
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Consider the following pairs: S.N. Five Year Plan Target growth rate of GDP (%) 1. Second Five Year Plan 4.5 2. Third Five Year Plan 5.6 3. Fourth Five Year Plan 7.0 Which of the pairs given above are correctly matched?
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Which of the following statements is/are correct about the Gondwana rocks? 1. They have rich deposits of uranium and copper. 2. The main areas of Gondwana rocks include the Damodar valley, the Mahanadi river valley and extra-peninsular region of Kashmir and Darjeeling. Select the correct answer using the code given below:
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