what measure can RBI take in a situation of increasing inflation ?
1)decrease petrol/ food price
2)increased petrol /food price
3) decrease CRR
4) increased CRR
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Answer:
The steps generally taken by the RBI to tackle inflation include a rise in repo rates (the rates at which banks borrow from the RBI), a rise in Cash Reserve Ratio and a reduction in rate of interest on cash deposited by banks with RBI. ... It then sells these bonds to banks.
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Answer:
1 food prize 2 petrol 3 crr
Explanation:
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