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प्रश्न
Aggregate demand can be decreased by:
पर्याय
Rise in Bank Rate
Purchase of securities in Open Market
Deficit Budget
None of the above
MCQ
उत्तर
Rise in Bank Rate
Explanation:
There is a need to liberalise loans in the event of insufficient demand. It can be accomplished by lowering the bank rate, causing commercial banks to lower their lending rates, hence increasing credit availability in the economy.
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