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in Economics by (76.1k points)

RBI has reduced CRR, SLR & bank rate during the recession period, what values are being promoted by the government? 

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Reducing CRR, SLR & bank rate will reduce interest rate of the commercial banks. It will make the loans cheaper, so people will be motivated to invest more. It will boost the economic growth Values: Economic growth, providing cheap credit , Fulfilling the requirements.

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