What will be the impact if the Reserve Bank of India reduces the Bank Rate by 1%? - Study24x7
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Abhishek kumar
28 Apr 2023 11:59 AM study24x7 study24x7

What will be the impact if the Reserve Bank of India reduces the Bank Rate by 1%?

A

Less liquidity in the market

B

More liquidity in the market

C

No change in the market liquidity

D

Mobilisation of more deposits by commercial banks

Banking
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