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BANKING AND MONETARY POLICY — Economics STD 12 Commerce — Question

Gujarat BoardEnglish MediumSTD 12 CommerceEconomicsBANKING AND MONETARY POLICY1 Mark
MCQ
Which steps are taken by $RBI$ to come out from deflation?
  • A
    Increases $CRR.$
  • B
    Increases Bank Rate.
  • ✓
    Decreases Bank Rate.
  • D
    Sealing government securities.
✓

Answer

Correct option: C.
Decreases Bank Rate.

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