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Commerce · Q936

Banking and Financial Institutions

Graduate and Post Graduate · Commerce · question 936

Q936

During the depression, it is advisable to

A.
lower bank rate and purchase securities in the open market
Answer
B.
increase bank rate and purchase securities in the open market
C.
decrease bank rate and sell securities in the open market
D.
increase bank rate and sell securities in the open market

Answer: Option A

Solution

Answer: Option A
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