Home / Questions / In the recent monetary policy, the RBI Governor reduced the CRR from 4.75% to 4.50%. Which
In the recent monetary policy, the RBI Governor reduced the CRR from 4.75% to 4.50%. Which of the following sequences correctly shows the impact of the reduction in CRR?
I. Change in money supply.
II. Change in nominal interest rates.
III. Change in consumption and investment.
IV. Change in aggregate demand.
V. Change in real GDP and price level.
[A](I), (II), (III), (IV) and (V) above
[B](I), (II), (III), (V) and (IV) above
[C](I), (II), (IV), (V) and (III) above
[D](I), (V), (II), (III) and (IV) above
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