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How Do Exchange Rates Respond to Political Rhetoric by Populist Leaders?
KOÇ UNIVERSITY-TÜSİAD ECONOMIC RESEARCH FORUM WORKING PAPER SERIES HOW DO EXCHANGE RATES RESPOND TO POLITICAL RHETORIC BY POPULIST LEADERS? Cem Çakmaklı Selva Demiralp Gökhan Şahin Güneş Working Paper No: 2112 August 2021 This Working Paper is issued under the supervision of the ERF Directorate. Any opinions expressed here are those of the author(s) and not those of the Koç University-TÜSİAD Economic Research Forum. It is circulated for discussion and comment purposes and has not been subject to review by referees. KOÇ UNIVERSITY-TÜSİAD ECONOMIC RESEARCH FORUM Rumelifeneri Yolu 34450 Sarıyer/Istanbul How do exchange rates respond to political rhetoric by populist leaders? August 3, 2021 Abstract With the global rise in authoritarianism, there has been an increase in political commentaries by the populist leaders that have criticized their central banks in favor of lower interest rates. We analyze the effects of these political pressures on exchange rates. We provide strong empirical evidence where political commentaries affect both the level and the volatility of exchange rate returns. The intensity of political pressures as well as institutional strength play a key role in determining the size of the impact. Keywords: Political pressure, exchange rate, time inconsistency, populism. JEL Codes: E5, G1, F31 Total Word Count: 8530 1 1 Introduction There has been a rise in populism (Acemoglu et al., 2013). One impact of this wave is the increase in political pressures towards central banks in favor of lower interest rates. Politicians typically support lower interest rates due to their short-term focus on growth-oriented policies. However, independent central banks may offset these pressures, focusing on long-run price stability and sus- tainable growth. -
BANK | SSC | RAILWAY | JAIIB | CAIIB | PARA13.2 | 1 GIPS Ambitiousbaba.Com Online Test Series Q1
ambitiousbaba.com Online Test Series Mail us at: [email protected] | BANK | SSC | RAILWAY | JAIIB | CAIIB | PARA13.2 | 1 GIPS ambitiousbaba.com Online Test Series Q1. Who among the following has won the ‘Shakti Bhatt First Book Prize’ for 2018-19? (a) Sujatha Gidla (b) Anuk Arudpragasam (c) Tony Joseph (d) Akshaya Mukul (e) Rohini Mohan Ans.1.(c) Exp. English author Tony Joseph has won the ‘Shakti Bhatt First Book Prize’ for 2018-19. Mail us at: [email protected] | BANK | SSC | RAILWAY | JAIIB | CAIIB | PARA13.2 | 2 GIPS ambitiousbaba.com Online Test Series Q2. ________________________ celebrated ‘Indigenous Faith Day’ on 1st December. (a) Himachal Pradesh (b) Uttar Pradesh (c) Andhra Pradesh (d) Sikkim (e) Arunachal Pradesh Ans.2.(e) Exp. Arunachal Pradesh celebrated ‘Indigenous Faith Day’ on 1st December. Mail us at: [email protected] | BANK | SSC | RAILWAY | JAIIB | CAIIB | PARA13.2 | 3 GIPS ambitiousbaba.com Online Test Series Q3. Who among the following recently took over as the 14th Commander-in-Chief of the Andaman & Nicobar Command (CINCAN)? (a) Lt Gen M.S. Pawar (b) Lt Gen G.S. Pabby (c) Lt Gen Podali Shankar Rajeshwar (d) Lt Gen Mahendra Vikram Singh (e) Lt Gen G Ashok Kumar Ans.3.(c) Exp. Lt Gen Podali Shankar Rajeshwar took over as the 14th Commander-in-Chief of the Andaman & Nicobar Command (CINCAN). Mail us at: [email protected] | BANK | SSC | RAILWAY | JAIIB | CAIIB | PARA13.2 | 4 GIPS ambitiousbaba.com Online Test Series Q4. Name the former Hollywood actress who played a memorable maid from El Salvador, in the original run of “Will and Grace” from 1999 to 2006, passed away recently. -
Information As of 1 July 2019 Has Been Used in Preparation of This Directory
Information as of 1 July 2019 has been used in preparation of this directory. PREFACE Key To Abbreviations Adm. Admiral Admin. Administrative, Administration Asst. Assistant Brig. Brigadier Capt. Captain Cdr. Commander Cdte. Comandante Chmn. Chairman, Chairwoman Col. Colonel Ctte. Committee Del. Delegate Dep. Deputy Dept. Department Dir. Director Div. Division Dr. Doctor Eng. Engineer Fd. Mar. Field Marshal Fed. Federal Gen. General Govt. Government Intl. International Lt. Lieutenant Maj. Major Mar. Marshal Mbr. Member Min. Minister, Ministry NDE No Diplomatic Exchange Org. Organization Pres. President Prof. Professor RAdm. Rear Admiral Ret. Retired Sec. Secretary VAdm. Vice Admiral VMar. Vice Marshal Afghanistan Last Updated: 24 Jun 2019 Pres. Ashraf GHANI CEO Abdullah ABDULLAH, Dr. First Vice Pres. Abdul Rashid DOSTAM Second Vice Pres. Sarwar DANESH First Deputy CEO Khyal Mohammad KHAN Min. of Agriculture, Irrigation, & Livestock Nasir Ahmad DURRANI Min. of Border & Tribal Affairs Gul Agha SHERZAI Min. of Commerce & Industry Ajmal AHMADY (Acting) Min. of Counternarcotics Salamat AZIMI Min. of Defense Asadullah KHALID (Acting) Min. of Economy Mohammad Mustafa MASTOOR Min. of Education Mohammad Mirwais BALKHI (Acting) Min. of Energy & Water Tahir SHARAN (Acting) Min. of Finance Mohammad Humayun QAYOUMI (Acting) Min. of Foreign Affairs Salahuddin RABBANI Min. of Hajj & Islamic Affairs Faiz Mohammad OSMANI Min. of Higher Education Abdul Tawab BALAKARZAI (Acting) Min. of Information & Culture Hasina SAFI (Acting) Min. of Interior Mohammad Masood ANDARABI (Acting) Min. of Justice Abdul Basir ANWAR Min. of Martyred, Disabled, Labor, & Social Affairs Sayed Anwar SADAT (Acting) Min. of Mines & Petroleum Nargis NEHAN (Acting) Min. of Parliamentary Affairs Faruq WARDAK Min. of Public Health Ferozuddin FEROZ Min. -
Q1. Who Among the Following Took Over the Charge Of
Bankersadda.com General Awareness Quiz for RBI Assistant Mains 2020 Adda247.com Quiz Date: 2nd March 2020 Q1. Who among the following took over the charge of Chairman of the Ordnance Factory Board (OFB) recently? (a) Hari Mohan (b) Marella Anjaneyulu (c) C S Vishwakarma (d) Arun Kumar Jain (e) Karambir Singh L1Difficulty 3 QTags Appointments Q2. Who among the following has won the ‘Shakti Bhatt First Book Prize’ for 2018-19? (a) Sujatha Gidla (b) Anuk Arudpragasam (c) Tony Joseph (d) Akshaya Mukul (e) Rohini Mohan L1Difficulty 3 QTags Awards and Rewards Q3. The 20th Edition of Hornbill Festival was celebrated in which state? (a) Nagaland (b) Mizoram (c) Haryana (d) Tripura (e) Jharkhand L1Difficulty 3 QTags Indian States Q4. The Union Government is launching a nationwide vaccination drive to prevent 8 diseases under Intensified Mission _____________ across the country. (a) Indradhanush 2.0 (b) Indrabaan 2.0 (c) Indramission 2.0 (d) Lauhdhanush 2.0 (e) Indravaccination 2.0 L1Difficulty 3 QTags Schemes/App Launched Q5. On which day United Nations observes International Day of Persons with Disabilities every year? (a) 1st December For any Banking/Insurance exam Assistance, Give a Missed call @ 01141183264 Bankersadda.com General Awareness Quiz for RBI Assistant Mains 2020 Adda247.com (b) 2nd December (c) 3rd December (d) 4th December (e) 5th December L1Difficulty 3 QTags Important Days Q6. Where is the headquarters of Punjab National Bank? (a) Mumbai (b) New Delhi (c) Pune (d) Chennai (e) Chandigarh L1Difficulty 2 QTags Miscellaneous Current Affairs Q7. ________________________ celebrated ‘Indigenous Faith Day’ on 1st December. -
Ficha País De Mauricio
OFICINA DE INFORMACIÓN DIPLOMÁTICA FICHA PAÍS Mauricio República de Mauricio La Oficina de Información Diplomática del Ministerio de Asuntos Exteriores, Unión Europea y Cooperación pone a disposición de los profesionales de los medios de comunicación y del público en general la presente ficha país. La información contenida en esta ficha país es pública y se ha extraído de diversos medios, no defendiendo posición política alguna ni de este Ministerio ni del Gobierno de España respecto del país sobre el que versa. MARZO 2019 Capital: Port Louis: 155.226 habitantes (2018). Mauricio Otras ciudades: Beau Bassin- Rose Hill (111.355 hab.); Vacoas-Phoenix (110.000 hab); Curepipe (84.200 hab), Quatre Bornes (80.961 hab) (2018). Fuente: http://worldpopulationreview.com/countries/mauritius-population/ Idiomas: Inglés (oficial); francés; criollo; hindi; bhojpuri; chino; urdu; hakka; tamil; árabe; marati; telegu; Religión: hindúes: 48,5%; católicos: 26,3%; musulmanes: 17,3%; otras: 7,9%. Moneda: rupia (MUR). Mauricio 1€ = 38,97 MUR (enero 2019) Forma de Estado: República. El jefe del Estado es el presidente de la Re- Océano Índico pública, que es elegido por mayoría simple de la Asamblea Nacional por un Goodlands Trou-aux-Biches periodo de cinco años, con posibilidad de reelección a propuesta del primer ministro. El primer ministro dirige la acción del Gobierno y es nombrado por el pre- sidente a propuesta del partido o coalición de partidos mayoritarios en el PORT LOUIS Congreso. Centre de Flacq El Parlamento es unicameral (Asamblea Nacional) y está formado por el pre- Quatre Bornes sidente y 70 miembros. De ellos, 62 son elegidos por las distintas circuns- cripciones a los cuales se suman otros 8 para miembros designados por la Comisión de Supervisión Electoral para asegurar una representación justa y Curepipe adecuada de cada comunidad. -
Le Nouveau Cabinet Des Ministres Constitué
N°17 | MERCREDI 20 NOVEMBRE 2019 mazavaroo.mu RS 5.00 PAGES 7-10 le nouveau cabinet des ministres constituÉ PAGE 15 PAGE 12 En 2012 : Maurice offre les îles d’Agalega le msm, à l’Inde pravind et son armÉe de jeunes trop forts Caricature Mazavaroo Mercredi 20 11 19:Layout 1 20/11/2019 20:25 Page 1 Full page 260 mm x 380 mm Demi page horizontale 260 x 187 mm Demi page VERTICALE 127 x 380 mm Quart DE page 127 x 187 mm BANDO EN BAS PAGE 260 X 100 MM MAZAVAROO | N°17 | MERCREDI 20 NOVEMBRE 2019 ÉDITORIAL 3 ÉDITORIAL CHAMP LIBRE VIVEMENT UNE «PRESS COMPLAINT COMMISSION» ! LA Deux articles en l’espace de moins de 15 et entendre une plainte contre un journal lante des personnes de bien au tribunal de TRANSCENDANCE jours dans un quotidien ont attiré les foudres quand il publie un article sans fondement l’opinion et de les couvrir d’oppobre. des Mauriciens, l’une par la grossièreté, la et surtout de nature à faire entretenir l’ani- C’est l’’impropre’ de tels hommes de DES ENJEUX trivialité de son titre et l’autre par les faussetés mosité et exacerber les divisions dans un pays presse que nous dénonçons. Sous des dehors dans le reportage sur l’accident de. Plaine des multi-ethniques comme Maurice. d’objectivité, se cache une nature vénale et S’il y a une communauté chez qui les élections ne Roches. Dans les deux cas, le journal a dû Qui n’a pas remarqué que quelques manipulatrice. -
Indian Affairs
1 INDIAN AFFAIRS 1. Where was the first “two-plus-two” (2+2) 4. Government has mandated to enroll FASTag dialogue between India and Japan held? for toll payments on national highways, 1) Nagano, Japan 2) Mumbai, India FASTag works under which technology? 3) Tokyo, Japan 4) New Delhi, India 1) Blue Light Technology (BLT) 5) None of these 2) Code Recognition Technology (CRF) Answer – 4) New Delhi, India 3) Radio-frequency identification (RFID) Explanation: 4) Image scanner 5) None of these On November 30, 2019 inaugural meeting of Answer – 3) Radio-frequency identification (RFID) India-Japan Foreign and Defence Ministerial Dialogue, Explanation: which is the “two-plus-two” (2+2) dialogue between India On November 29, 2019 the government has extended and Japan, was held in New Delhi. The dialogue was held the deadline for enrolling to the mandatory FASTag for with the aim of boosting bilateral security and defence toll payments on national highways to December 15, cooperation and is expected to strengthen “India-Japan 2019. The National Electronic Toll Collection (NETC) Special Strategic and Global Partnership”. programme, under MoRT&H, has been implemented on a 2. Exercise MITRA SHAKTI is associated with Pan-India basis of FASTag in ensuring seamless which countries? movement of traffic and collection of user fee as per the 1) India & Nepal 2) India & Sri Lanka notified rates, using passive radio frequency 3) India & Bangladesh 4) India & Russia identification (RFID) technology. 5) None of these 5. Where was the 7th edition of India-Sri Lanka Answer – 2) India & Sri Lanka joint Military & Army Exercise MITRA Explanation: SHAKTI–VII: 2019 held? On December 1, 2019, The 7th edition of India-Sri 1) Kochi, Kerala 2) Pune, Maharashtra Lanka joint Military & Army Exercise MITRA 3) Kolkata, West Bengal 4) Chennai, SHAKTI–VII: 2019 has started at Aundh Military Tamil Nadu Station, Pune, Maharashtra with the aim to build and 5) None of these promote positive relations between the armies of India Answer – 2) Pune, Maharashtra and Sri Lanka. -
RBI Assistant Mains Practice Marathon General Awareness
RBI Assistant Mains Practice Marathon General Awareness Q1. Who has been appointed as the new Foreign Secretary of India? (a) Nirupama Rao (b) Harsh Vardhan Shringla (c) Ranjan Mathai (d) Sujatha Singh (e) Vijay Gokhale Q2. __________________ has achieved its target of creating Urban India Open Defecation Free. (a) Swachh Bharat Mission-Rural (b) Swachhta Pakhwada (c) Swachh Bharat Mission-Urban (d) Swachhata Hi Seva (e) Swachh Hindustan Q3. In which of the following railway station Indian railway open ‘Oxygen Parlour’ to battle rising air pollution in cities? (a) Vijayawada Railway Station (b) Charbagh Railway Station (c) Chhatrapati Shivaji Terminus (d) Nashik Railway station (e) New Delhi Railway station Q4. Which of the following state recently inaugurated its first “Janta clinic” to provide free primary health care to people living in slums? (a) Bihar (b) Maharashtra (c) Rajasthan (d) Madhya Pradesh (e) Gujarat Q5. In which city, President Ram Nath Kovind released the mobile app of the Red Cross Society of India? (a) Patna (b) Gandhinagar (c) Hyderabad (d) Mumbai (e) New Delhi 1 Adda247 | No. 1 APP for Banking & SSC Preparation Website: bankersadda.com | sscadda.com | store.adda247.com | Email: [email protected] Q6. Who among the following is the present governor of Madhya Pradesh? (a) Lal Ji Tandon (b) Bhagat Singh Koshyari (c) R. N. Ravi (d) V.P. Singh Badnore (e) Ganga Prasad Q7. Which day was observed as Kisan Diwas or National Farmers’ Day? (a) 25 December (b) 20 December (c) 31 December (d) 26 December (e) 23 December Q8. Name the present chief minister of Uttarakhand. -
August 2018 Has Been Used in Preparation of This Directory
Information as of 2 August 2018 has been used in preparation of this directory. PREFACE Key To Abbreviations Adm. Admiral Admin. Administrative, Administration Asst. Assistant Brig. Brigadier Capt. Captain Cdr. Commander Cdte. Comandante Chmn. Chairman, Chairwoman Col. Colonel Ctte. Committee Del. Delegate Dep. Deputy Dept. Department Dir. Director Div. Division Dr. Doctor Eng. Engineer Fd. Mar. Field Marshal Fed. Federal Gen. General Govt. Government Intl. International Lt. Lieutenant Maj. Major Mar. Marshal Mbr. Member Min. Minister, Ministry NDE No Diplomatic Exchange Org. Organization Pres. President Prof. Professor RAdm. Rear Admiral Ret. Retired Sec. Secretary VAdm. Vice Admiral VMar. Vice Marshal Afghanistan Last Updated: 20 Dec 2017 Pres. Ashraf GHANI CEO Abdullah ABDULLAH, Dr. First Vice Pres. Abdul Rashid DOSTAM Second Vice Pres. Sarwar DANESH First Deputy CEO Khyal Mohammad KHAN Second Deputy CEO Mohammad MOHAQQEQ Min. of Agriculture, Irrigation, & Livestock Nasir Ahmad DURRANI Min. of Border & Tribal Affairs Gul Agha SHERZAI Min. of Commerce & Industry Homayoun RASA Min. of Counternarcotics Salamat AZIMI Min. of Defense Tariq Shah BAHRAMI Min. of Economy Mohammad Mustafa MASTOOR Min. of Education Mohammad Ibrahim SHINWARI Min. of Energy & Water Ali Ahmad OSMANI Min. of Finance Eklil Ahmad HAKIMI Min. of Foreign Affairs Salahuddin RABBANI Min. of Hajj & Islamic Affairs Faiz Mohammad OSMANI Min. of Higher Education Najibullah Khwaja OMARI Min. of Information & Culture Mohammad Rasul BAWARI Min. of Interior Wais Ahmad BARMAK Min. of Justice Abdul Basir ANWAR Min. of Martyred, Disabled, Labor, & Social Affairs Faizullah ZAKI Min. of Mines & Petroleum Min. of Parliamentary Affairs Faruq WARDAK Min. of Public Health Ferozuddin FEROZ Min. of Public Works Yama YARI Min. -
Current Affairs Q&A
Current Affairs Q&A PDF This is Paid PDF provided by AffairsCloud.com, Our team is working hard in back end to provide quality PDF. If you not buy this paid PDF subscription plan, we kindly request you to buy pdf to avail this service. Help Us To Grow & Provide Quality Service CURRENT AFFAIRS PDF PLANS Current Affairs PDF 2019: Study, Pocket and Q&A PDF’s Current Affairs PDF 2018: Study, Pocket and Q&A PDF’s CRACK HIGH LEVEL PDF PLANS Crack High Level: Puzzle & Seating Arrangement Questions PDF 2019 Crack High Level: English Language Questions PDF 2019 Crack High Level: Data Interpretation Questions PDF 2019 Suggestions& Feedback are welcomed – https://www.affairscloud.com/subscriber-feedback/ 1 | Page Report Errors in the PDF - [email protected] Copyright 2019 @ AffairsCloud.Com Current Affairs Q&A PDF Current Affairs Q&A PDF - Dec (1-14), 2019 Table of Contents Current Affairs Q&A PDF - Dec (1-14), 2019 ................................................................................................................. 2 INDIAN AFFAIRS ............................................................................................................................................................. 3 STATE NEWS ................................................................................................................................................................. 41 INTERNATIONAL AFFAIRS ........................................................................................................................................... 49 BANKING