MCQOPTIONS
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| 1. |
An increase in Bank Rate generally indicates that the market rate of interest is likely to fall. |
| 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» E. | |