_ In period of depression when the Reserve Bank desires to encourage the banking system to create more credit it$?

Question

TuteeHUB · Accepted Answer

raises the bank rate

TuteeHUB · Answer

reduces the bank rate

TuteeHUB · Answer

permits the bank rate to be decided by market forces

TuteeHUB · Answer

All of the above

1.	_ In period of depression when the Reserve Bank desires to encourage the banking system to create more credit it$?
A.	reduces the bank rate
B.	raises the bank rate
C.	permits the bank rate to be decided by market forces
D.	All of the above
Answer» B. raises the bank rate

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