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1. |
By increasing repo rate, the economy may observe the following effects ______ [IBPS 2012] |
A. | Rate of interest on loans and advances will be costlier |
B. | Industrial output would be affected to an extent |
C. | Banks will increase rate of interest on deposits |
D. | Industry houses may borrow money from foreign countries |
Answer» D. Industry houses may borrow money from foreign countries | |