An increase in the Bank Rate generally indicates that the
Amarket rate of interest is likely to fall
BCentral Bank is no longer making loans to commercial banks
CCentral Bank is following an easy money policy
DCentral Bank is following a tight money policy
Answer & Solution
Correct answer: B. Central Bank is no longer making loans to commercial banks
UPSC CSE Prelims 2013 (GS-I, Set A), Q.43. Official answer key: B.
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