Question : A low-interest policy is also known as:
Option 1: cheap money policy
Option 2: income generating
Option 3: dear money policy
Option 4: investment policy
Correct Answer: cheap money policy
Solution : The correct option is a cheap money policy.
A cheap money policy is a term used to describe a low-interest rate strategy. This phrase refers to a central bank's policy of keeping interest rates low to encourage borrowing and spending. When money is referred to as cheap in this context, it generally refers to low borrowing costs.
Related Questions
Know More about
Staff Selection Commission Sub Inspector ...
Result | Eligibility | Application | Selection Process | Cutoff | Admit Card | Preparation Tips
Get Updates Brochure
Your Staff Selection Commission Sub Inspector Exam brochure has been successfully mailed to your registered email id “”.
