Mridang Economics quiz

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Across
  1. 2. My actions either good or bad will affect you neither I pay nor get penalised
  2. 7. The watch dog (Abbrev.)
  3. 8. More expenditure less revenue indicates government borrowings
  4. 9. Stock market Catastrophe that took place on September 24 1869 After a period of rampant speculation the price of gold plummeted and market crashed
  5. 11. holding other things equal
  6. 13. Deliberate adjustment to decrease the value of currency related to the another currency
  7. 14. free-float market-weighted stock market index of 30 well-established and financially sound companies listed on Bombay Stock Exchange
  8. 15. A situation in which the economy of a country experiences a sudden downturn and likely experience a falling GDP, a drying up of liquidity and rising/falling prices due to inflation/deflation.
  9. 17. Let the old rules apply to the present and new rules to the future
  10. 18. "Dig the Wells and fill it"
  11. 19. Famous cartel of 14 countries found in 1960 (Abbrev.)
  12. 20. Transfer Or reversion of estate assets to the state when the holder dies without declaring a will or legal heir
  13. 22. A beautiful mind originates the Game Theory
  14. 23. acquisition tactic to obtain a controlling interest in a target by buying shares at a premium from target shareholders
  15. 24. A grant or a financial support to failing business
  16. 26. "I do what I do"
  17. 27. a certain percentage of the total bank deposits that has to be kept in the current account with RBI (Abbrev.)
  18. 28. a low turning point or a local minimum of a business cycle.
Down
  1. 1. Clause of Possession of mortgage property with no claims thereafter (exploited in US)
  2. 3. In the time of crisis consumers buy less expensive luxury goods
  3. 4. Rate at which Central Bank lends money to banks against government securities
  4. 5. Development as per Bruntland Report
  5. 6. Market of gold products
  6. 10. father of economics
  7. 12. a unit of measure to describe the percentage change in the value or rate of a financial instrument equivalent to 1/100 of a percent
  8. 16. written by Karl Marx
  9. 21. Guarantee against the loan
  10. 25. Market value less the amount of loan received