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.Exchange Rate Management and its Economic Implications
