An increase in the Bank Rate generally indicates that the:
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Correct Answer: Option D
Detailed Explanation:
Bank Rate is the rate at which the central bank (RBI) lends funds to commercial banks.
An increase in Bank Rate makes borrowing costlier, reduces liquidity in the economy, and signals a tight/contractionary monetary policy to control inflation.
Question 14 of 17 Monetary Policy
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In the context of Indian economy which of the following is/are the purpose/purposes o...
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In the context of Indian economy, Open Market Operations’ refers to:
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