explain role of bank rate
in correcting deficent demand im economy
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In case of deficient demand, the Central Bank reduces the bank rate to increase the money supply in the economy. Reduction in bank rate increases the credit/money creation capacity of Commercial Bank and also reduces the market rate of interest which encourages people to borrow more
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chutne mai idli ko dubo ke khao maza aa ye ga.uske baad jo paad aayegeee vo bohot kshubhudaar hoti.
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