MCQOPTIONS
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| 1. |
An increase in the bank rate generally indicates that - |
| A. | Central bank is no longer giving loans to commercial banks |
| B. | The central bank is green by following a costly monetary policy |
| C. | The central bank is green by following a cheap money policy |
| D. | The market rate of interest is likely to fall |
| Answer» C. The central bank is green by following a cheap money policy | |