Question:
If recession is to be combatted:
If recession is to be combatted:
Updated On: Mar 11, 2024
- Bank rate needs to be lowered
- CRR needs to be lowered
- Bank rate and CRR needs to be lowered
- Repo rate needs to be lowered and CRR need to be raised
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The Correct Option is C
Solution and Explanation
The correct answer is(C): Bank rate and CRR needs to be lowered
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