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Banking General Awareness Reserve Bank of India Question Bank Previous Years Questions - Reserve Bank of India - Structure and Functions

  • question_answer
    Increased interest rates, as is existing in the economy at present will ______. [IBPS 2012]

    A)  Lead to higher GDP growth

    B)  Lead to lower GDP growth

    C)  Mean higher cost of raw materials

    D)  Mean lower cost of raw materials

    E)  Mean higher wage bill

    Correct Answer: A

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