A common challenge is the uncertain returns on investment associated with environmental projects, which can deter banks from financing them.

A common criticism of electronic voting systems is that they can be hacked, raising concerns about security.

A common criticism of judicial reforms in authoritarian regimes is that they often lack genuine independence, serving more to legitimize the regime.

A key challenge for central banks is managing inflation while fostering an environment that encourages innovation and technological advancement.

Cooperative banks are owned and operated by their members, focusing on serving their needs.

A financial instrument is characterized by its ability to be traded in financial markets.

A key feature of the ENP is the establishment of bilateral agreements with neighboring countries.

Widespread automation can lead to increased income inequality as high-skilled workers benefit more than low-skilled workers.

Demand-pull inflation occurs when the demand for goods and services exceeds their supply, leading to higher prices.

Hyperinflation is an extremely high and typically accelerating inflation, often exceeding 50% per month.

Same-day registration is a common electoral reform aimed at increasing voter participation.

Geopolitical tensions, especially with Russia, pose significant challenges to the ENP.

Quantitative easing involves buying financial assets to inject money into the economy, aiming to lower interest rates.

Structural unemployment is primarily caused by a mismatch between the skills of the workforce and the needs of employers, often due to technological changes or shifts in the economy.

'More for More' refers to the principle that countries that implement more reforms will receive more financial aid from the EU.

The repo rate is the rate at which the central bank lends money to commercial banks, influencing overall interest rates.

The State Legislative Assembly is composed of both elected and nominated members, as per the provisions of the Constitution.

Violating the Civil Services Conduct Rules can lead to disciplinary action, including dismissal from service.

A balanced budget can stimulate economic growth by ensuring that government spending is aligned with revenues, promoting stability.

A decrease in the repo rate lowers borrowing costs for banks, encouraging them to borrow more from the RBI, which in turn increases liquidity and encourages borrowing and spending in the economy.

Contractionary fiscal policy involves reducing government spending, which can help control inflation but may also lead to higher unemployment.

Expansionary fiscal policy aims to increase aggregate demand through increased government spending or tax cuts.

Increasing the repo rate makes borrowing more expensive, which helps to reduce inflationary pressures.

Lowering interest rates encourages borrowing and spending, stimulating economic growth.

A balanced budget, where government spending equals revenue, can help reduce public debt and maintain fiscal stability.

Automation increases the demand for technology-related financial products as businesses seek funding and services to support their automation initiatives.

Climate change leads to a higher frequency of extreme weather events, which can disrupt agricultural production and affect crop yields negatively.

Environmental Conservation Acts encourage consumers to choose environmentally friendly products and services.

High inflation typically leads to tighter monetary policy, including raising interest rates to control inflation.

High inflation erodes purchasing power, leading to reduced savings and increased uncertainty in the economy.