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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


Team Careers360 4th Jan, 2024
Answer (1)
Team Careers360 23rd Jan, 2024

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.

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