UPSC Prelims 2013EconomyQuestion 9 of 16An increase in the Bank Rate generally indicates that the:Amarket rate of interest is likely to fallBCentral Bank is no longer making loans to commercial banksCCentral Bank is following an easy money policyDCentral Bank is following a tight money policySee explanationLinked Syllabus ConceptsRevision notes for concepts tested in this PYQ.Monetary Policy Committee (MPC) and Key Policy RatesExchange Rate Management and its Economic ImplicationsRelated Study ConceptsMonetary Policy Committee (MPC) and Key Policy RatesExchange Rate Management and its Economic Implications
