In the present COVID-19 times, many economists have raised their concerns that Indian economy may have to face a deflationary situation, due to reduced economic activities in the country. Suppose you are a member of the high powered committee constituted by the Reserve Bank of India (RBI). You have suggested that as the supervisor of commercial banks, ____ (restriction/release) of the money supply be ensured, by the Reserve Bank of India (RBI). (Choose the correct alternative)

[CBSE, Sample Paper 2021]

Anurag Pathak Changed status to publish December 24, 2023
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