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


Discussion

No Comment Found

Related MCQs