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Ankita Bhoi

· started a discussion

· 1 Months ago

ans explanation (Question:172035.0)

the explanation of ans indicates the correct answer to be option d whereas the answer given in option c

Question:

Which of the following is an outcome when CRR is reduced?

Options:
A)

Reduces demand for money

B)

Increase in interest rates

C)

Money supply is increased

D)

All of these

Solution:

When the Cash Reserve Ratio is reduced all the three listed above happens in an economy

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