state gov TSPSC Group 2 (తెలంగాణ గ్రూప్ 2) Mock Test Series General Knowledge Economy Money and Banking
Consider the following statements:
(a) Reserve Bank of India use the Dear Money Policy during the period of inflation.
(b) Reserve Bank of India use the Cheap Money Policy during the period of depression.
(c) The R.B.I started with a Cheap Money Policy with a Bank rate of 3% in 1951.
Which of the statement/s given above is/are correct?
1
(a) and (b)
2
(b) and (c)
3
(a) and (c)
4
All of the above