Challenger App

No.1 PSC Learning App

1M+ Downloads
When the bank rate is decreased the volume of bank credit will be :

AExpanded

BContracted

CRemain the same

DNone of these

Answer:

A. Expanded


Related Questions:

What is PACS as per Sec 2(oaa) of Kerala Co-operative Societies Act, 1969?
RBI appointed the study Team on overdues under the chairmanship of Dr. Datey was in _____
_______ is the maximum membership limit in a Banking partnership
What is the Act number of the 2023 amendment to the Kerala Co-operative Societies Act?
Scheduled Co-operative Banks should have paid up share capital and reserves of not less than Rs. :