What is the purpose of 'United Nations Conference on Trade and Development' (UNCTAD)?
Options: Promotes International Trade with a view to accelerate economic growth of developing countries, Promotes International Monetary co-operation & expansion of International Trade, Set rules for World Trade, None of the above
Since independence, both development and non-development expenditures have increased; the increase in the former being a little more than in the other. Non-development expenditure involves interest payments subsidies defence irrigation
In pursuance with the recommendations of Narsimhan Committee, the RBI has framed new guidelines
Options: to govern entry of new private sector banks to make the banking sector more competitive, to reduce the freedom given to banks to rationalize their existing branch network, to setup more foreign exchange banks, to lend more easily for industrial development