Questions

Though this is essentially a Committee of the House of the people (Having 15 members from that house), by an agreement between the two houses, 7 members from the other Houses are also associated with this committee, in order to strengthen it.

Monetary policy is the process by which the monetary authority of a country, typically the central bank or currency board, controls either the cost of very short-term borrowing or the monetary base, often targeting an inflation rate or interest rate to ensure price stability and general trust in the currency.

The basic objective of monetary policy is to assist the economy in achieving a full-employment, noninflationary level of total output.

Cause-effect chain: Changes in the money supply affect interest rates, which affect investment spending and therefore aggregate demand.

Oligopoly is market structure where a small number of large firms are there. Oligopolistic industries are characterized by a few dominant firms and substantial entry barriers.

Michelangelo Antonioni

Goosebumps are caused by the contraction of the tiny muscles attached to hair follicles. These muscles are arrectores pilorum muscles.

A nanosecond (ns) is an SI unit of time equal to one thousand-millionth of a second or one billionth of a second.

• That is, 1/1,000,000,000 of a second, or 10^−9 seconds.