Question no 1797 SSC CGL Tier 1 Genral Awareness Questions and Answers Free Online Mock Test 43

SSC CGL Tier 1 :: GA Test 43

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1 .

A low interest policy is also known as :

[ A ] dear money policy
[ B ] income generating policy
[ C ] cheap money policy
[ D ] investment policy

Answer : Option C

Explanation :

A low interest policy is also known as Cheap money policy. Lower interest rates makes it cheaper to borrow. Low interest rate created a macroeconomic environment. It is a concept describing conditions with a very low nominal interest rate.

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