BANK SEBI Grade A Phase 1 & Phase 2 Mock Test 2024 Legal Aspects of Business The Companies Act, 2013
Demand-supply analysis is essential for setting rent controls. Given the enforcement of a rent ceiling below the equilibrium price, which economic issue is most likely to arise?
1
Excess supply of rental housing
2
Increased housing affordability for all income groups
3
Improved allocation efficiency of rental properties
4
Creation of a black market for rental housing
5
Higher overall market-generated rental rates