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Which of the following statement is true? (1) Increasing Bank rate policy reduces borrowing among businessmen (2) To control inflation RBI increases bank rate policy (3) Bank rate policy helps to control increasing price of goods
Correct Answer: (b)
Official keyThis question appeared in the TNPSC Prelims 2025 examination (GS). It is Question 70 out of 200 questions in this paper.
This question was part of the TNPSC Prelims 2025 (GS). The TNPSC Prelims examination tests candidates on general studies, current affairs, and aptitude through multiple-choice questions.
Practice previous year questions from all TNPSC Prelims papers and compare patterns with UPSC Prelims PYQ to identify overlapping topics.