The typical order of rates from lower to higher is:
1. (D) Reverse Repo Rate (lowest)
2. (A) Repo Rate
3. (C) Deposit Rate
4. (B) Lending Rate (highest)
Thus, the correct order is (a).
List-I | List-II | ||
|---|---|---|---|
| A | Money supply is exogenously given. | I | Post-Keynesian school |
| B | Money supply is demand driven and credit led. | II | Say’s law |
| C | Rational expectation. | III | Monetarism |
| D | Supply creates its own demand | IV | Neo-classical school |