Impact of Demonetization on Indian Economy - BBA Project Report
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Questions and Answers

Who guided Aashik Ali in the project?

  • Hemwati Nandan Bahuguna
  • DR. NAMRATA PRAKASH (correct)
  • DR. Anju Gairola Thapliyal
  • The almighty God
  • What is the purpose of a project, as mentioned in the text?

  • To seek blessings from the almighty God
  • To demonstrate theoretical work only
  • To compete with others
  • To fulfill the requirements for a BBA degree (correct)
  • What is the significance of a project in the present world?

  • It is a bridge between theoretical and practical work (correct)
  • It is a way to seek blessings from the almighty God
  • It is a method for seeking guidance from friends
  • It is a means to demonstrate competition
  • What university is Aashik Ali associated with?

    <p>Hemwati Nandan Bahuguna Garhwal University</p> Signup and view all the answers

    Who has always guided Aashik Ali to work in the right path of life?

    <p>The almighty God</p> Signup and view all the answers

    What does Aashik Ali consider as the supreme power in the text?

    <p>The almighty God</p> Signup and view all the answers

    What was the projected growth figure for the Indian economy for the financial year ending March 2017?

    <p>7.1%</p> Signup and view all the answers

    Who projected that the ongoing attempt to flush out black money would shave 2% of the GDP?

    <p>The former Prime Minister Dr. Manmohan Singh</p> Signup and view all the answers

    What is the estimated range of growth figures projected by some think tanks and research institutes like Ambit Research?

    <p>Less than 3%</p> Signup and view all the answers

    What was the purpose of the Demonetization exercise according to recent estimates by some economists?

    <p>To extinguish black money</p> Signup and view all the answers

    What is the consensus view among many economists regarding the Indian economy after demonetization?

    <p>It will bounce back and regain momentum</p> Signup and view all the answers

    What has enabled the government to 'nudge' the RBI to cut rates and allow banks to pass on the benefit of ample liquidity to consumers?

    <p>Ample cash in the banking system</p> Signup and view all the answers

    What has resulted in banks cutting their deposit rates according to the passage?

    <p>The need to accompany cuts to lending rates</p> Signup and view all the answers

    Who is considered a reputed economist and expressed views about the impact of flushing out black money on GDP?

    <p>'Some' economists</p> Signup and view all the answers

    What is the estimated percentage of total cash in circulation that has come back into the banking system according to recent estimates by some economists?

    <p>~90%</p> Signup and view all the answers

    Who has given projections of growth figures tending to be in the less than 3% range?

    <p>Ambit Research</p> Signup and view all the answers

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