Given below are two statements – one is labelled as Assertion (A) and the other is

March 2, 2020 11:58 am

Choose Your Answer:

ABoth (A) and (R) are true and (R) is correct explanation of (A)

BBoth (A) and (R) are true and (R) is not correct explanation of (A)

C(A) is true but (R) is false

D(A) is false but (R) is true

Eduncle Best Answer
In order to control inflationary tendencies, RBI raises the Repo Rate. Implies reduction in interest Rates which means consumer has to kay lesser amount of interest.

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