An increase in bank rate results in ______

CS CSEET · Business Economics & Fundamentals of Accounting and Auditing · PYQS · June 2013
An increase in bank rate results in ______
(A) Banks' ability to create credit falls
(B) Banks can give new loans more easily
(C) Demand for bank loans rises
(D) Demand for bank loans falls.

Answer & Explanation:

Correct Answer: Option (D)

Correct answer: (D) Demand for bank loans falls..

Topics: Business Economics

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