When in the Economic, Bank rate decrease, Arrange the following statements relating to change in bank rate in the sequencing order:
(A) Loans taken by commercial bank become cheaper
(B) Increases money supply
(C) Bank rate is decreased by RBI
(D) Reserves held by commercial banks increases
Choose the correct answer from the options given below :
(
This question was previously asked in
Shift 30/05/2023 8:30 AM - 10:30 AM
A
(A), (C), (B), (D)
B
(C), (A), (D), (B)
C
(B), (C), (D), (A)
D
(C), (D), (A), (B)
Correct Answer
(C), (A), (D), (B)
Detailed Explanation
.
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