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Economics · 2023 · 1 mark
CBSE 2023 · Region 3 · Set 1 · Q7
If the central bank wants to reduce money supply in the economy, it may. (Choose the correct alternative to fill up the blank) (i) increase Bank Rate…
If the central bank wants to reduce money supply in the economy, it may ___________.
(Choose the correct alternative to fill up the blank)
(i)
increase Bank Rate
(ii)
reduce Cash Reserve Ratio
(iii)
sell securities in the open market
(iv)
buy securities in the open market
Alternatives :
Official answer
(A)
(i) and (iii)
Marking-scheme solution
(A) (i) and (iii)
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CBSE Class 12 Economics past-paper question from the 2023 board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.