Bank rate policy is not very effective because-

CA Foundation · Business Economics · MTP · April 2025
Bank rate policy is not very effective because-
(A) A. It requires a well-developed money market
(B) B. It cannot operate effectively
(C) C. All banks are not under the control of central bank
(D) D. All the above

Suggested Answer and Working Notes:

Correct Answer: Option (A)

A. It requires a well-developed money market

Topics: Money Market

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