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Discussion :: IBPS BANK EXAM TEST 5

  1. The most powerful tool used by the Reserve Bank of India to control inflation is___
  2. A.

    Raise interest rates

    B.

    Reduce interest rates

    C.

    Raise Currency Supply

    D.

    Reduce Currency Supply

    E.

    Raise interest rates and reduce currency supply

    View Answer

    Workspace

    Answer : Option A

    Explanation :

    Raise interest rates


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