Q. 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
Answer:D
Notes:
Post-Mains Strategy Session by Mr. Ayush Sinha | ForumIAS
Stay Ahead in Your UPSC Journey!
Just a few details to keep you updated with free compilations, test papers, and strategy materials from ForumIAS. You’ll get instant access to this download and more resources like it.
🎯 Join 50,000+ aspirants who download and learn with ForumIAS every week!