Time management is very much important in IIT JAM. The eduncle test series for IIT JAM Mathematical Statistics helped me a lot in this portion. I am very thankful to the test series I bought from eduncle.
Nilanjan Bhowmick AIR 3, CSIR NET (Earth Science)
Nidhi taparia Best Answer
The correct answer is (3). When supply of money is increased, demand remaining constant, rate of interest falls. But the impact on GDP, investment and consumption is ambiguous because it's not necessary that rate fall will affect these things positively. Maybe the fall in rates can lead to inflationary pressure without growth. What is called the stagflation.