Economy, asked by abhizz6258, 1 month ago

which of the follwing is not remedies to control inflacton?

Answers

Answered by itzshivam15

Answer:

When banks want to borrow long term funds from RBI, bank rate is the interest rate which RBI charges to them. Increase in the bank rate will be useful to control inflation.

It is currently set to 6.75 % (Second Bi-monthly Monetary Policy Statement, 2018–19). The bank rate is not used to control money supply these days.

Explanation:

hope it helps you

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