HI Friends !! ANSWER THIS QUESTION
By increasing the 'Bank Rate', the RBI can:
a) provide incentives to commercial banks to lend more to public
b) provide incentives to commercial banks to lend less to public
c) increase the money supply in the market
d) none of the above
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By increasing the 'Bank Rate', the RBI can:
a) provide incentives to commercial banks to lend more to public
b) provide incentives to commercial banks to lend less to public
c) increase the money supply in the market
d) none of the above
#follow me :)
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Answer:
the correct answer is option b .provide incentives to commercial banks to lend less to public .
Explanation:
option(b)............... is the correct answer.....
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