question_answer

      Consider the following statements:

1. Increase in deposit rate results in higher savings

2. Increase in deposit rate results in fall in credit off takes

3. Increase in deposit rate results in increase in investment

Which among the above statements is / are correct?

A) 1 & 2                           

B) 1 & 3

C) 1, 2, 3                          

D) Only 1