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Explian the role of bank rate …

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Explian the role of bank rate in dealing with the problem of deficient demand

    • Posted by Aaisha Kumari 6 years, 1 month ago

    CBSE > Class 12 > Economics
    • 1 answers

    Mani Kumari 6 years ago

    Fall in bank rate leads to fall in market rate of interest.This increases the demand for credit,and accordingly,the supply of credit in the economy.Deflation is curbed.

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