Money supply in India may increase if, ________________(Choose the correct alternative)
- Reserve Bank of India(RBI) injects more money in circulation
- the commercial banks expand their credit operation
- tax rates are reduced by the Central Government
- Reserve Bank of India increases the Bank Rate
Alternatives:
- 1,2 and 3 are correct
- 2,3 and 4 are correct
- 1,3 and 4 are correct
- 1,2 and 4 are correct
Answer:
a. 1,2 and 3 are correct