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

2

Answers

2014-08-17T21:14:40+05:30

This Is a Certified Answer

×
Certified answers contain reliable, trustworthy information vouched for by a hand-picked team of experts. Brainly has millions of high quality answers, all of them carefully moderated by our most trusted community members, but certified answers are the finest of the finest.
An increase in the Bank Rate generally indicates that the Central Bank is following a tight money policy.
0
  • Brainly User
2014-08-18T14:10:20+05:30
The answer is (d) Central Bank is following a tight money policy
0