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Banking General Awareness Reserve Bank of India Question Bank Previous Years Questions - Reserve Bank of India - Structure and Functions

  • question_answer
    By increasing repo rate, the economy may observe the following effects ______ [IBPS 2012]

    A)  Rate of interest on loans and advances will be costlier

    B)  Industrial output would be affected to an extent

    C)  Banks will increase rate of interest on deposits

    D)  Industry houses may borrow money from foreign countries

    E)  All of these

    Correct Answer: C

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