Question

Consider the following statements- 1. Bond price and interest rate are positively related. 2. Bond price and interest rate are negatively related. 3. Credit creation varies directly with Cash Reserve Ratio (CR

  • R . 4. Credit creation varies inversely with Cash reserve Ratio (CR
  • R . Which of the statements given above are correct?
A 1 and 2
B 1 and 4
C 2 and 3
D 2 and 4
E None of these
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