Which of the following are expansionary monetary policy measures to cure deflation?
A. The Central bank buys government securities from commercial banks and public.
B. The Central bank may hike the bank rate.
C. The Central bank may increase the cash reserve ratio.
D. The Central bank may reduce the cash reserve ratio.
E. The Central bank may lower the bank rate.
Choose the correct answer from the options given below:
1
A, B and D only
2
A, C and E only
3
B and C only
4
A, D and E only