10 Questions
What is the ideal economic scenario referred to as?
A Goldilocks moment
What is the maximum amount of loan that can be availed under PMMY?
₹10 lakh
What is the primary aim of the Pradhan Mantri MUDRA Yojana (PMMY)?
To facilitate easy collateral-free micro credit to small entrepreneurs
What does a 'hot' economy imply?
High inflation
What is the significance of India asserting its right to set domestic policies?
It is an exercise of sovereignty in economic decision-making
What is the role of Member Lending Institutions (MLIs) in PMMY?
To provide collateral-free micro credit to entrepreneurs
What is the impact of a 'cold' economy on GDP growth?
It leads to faltering GDP growth
What is the reference point for the term 'Goldilocks moment' in economics?
A story about a girl and a family of three bears
What is the significance of a Goldilocks moment in economics?
It is an economy that is running perfectly
What is the benefit of a Goldilocks moment for an economy?
It promotes sustainable economic growth
Test your knowledge on the WTO's Global Trade Outlook and Statistics report for 2024, covering global trade developments and forecasts for world trade. Learn about the projected growth rates and recent trade trends. Assess your understanding of the WTO's analysis and statistics.
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