Economy, asked by allauddinnafisa786, 6 months ago

if the bank rate increases the interest rate?

Answers

Answered by 266bhuneshsharma266

0

Answer:

decrease because rbi takes loan from commercial banks and it is a situation of shortage of money that's why bank rate decrease.

Answered by durgabhavaniganugula

0

Answer:

If the bank increases the interest rate then there is no difference between money lenders and bank

The people can't pay the interest

the people do not ask for lones

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