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b. Prelims Paper (GS) Paper – 1

(UPSC 2013) 43. An increase in the Bank Rate generally indicates

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  • May 27, 2015 at 6:29 pm #6095
    Wonder Boy
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      43. An increase in the Bank Rate generally indicates that the

      (a) market rate of interest is likely to fall

      (b) Central Bank is no longer making loans to commercial banks

      (c) Central Bank is following an easy money policy

      (d) Central Bank is following a tight money policy

       

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