Q. What is the most powerful tool used by the Reserve Bank of India to control inflation? (Solved)
1. Raise interest rates
2. Raise current supply
3. Reduce current supply
4. Reduce interest rates
5. None of these
- a. Raise interest rates
1. Raise interest rates
2. Raise current supply
3. Reduce current supply
4. Reduce interest rates
5. None of these