The lowering of Bank Rate by the Reserve Bank of India leads to
AMore liquidity in the market
BLess liquidity in the market
CNo change in the liquidity in the market
DMobilization of more deposits by commercial banks
Answer & Solution
Correct answer: A. More liquidity in the market
UPSC CSE Prelims 2011 (GS-I, Set A), Q.88. Official answer key: A.
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