Economics · Banking and Financial Reforms
The shift towards market-determined interest rates in India primarily aimed to:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1Encourage efficient allocation of financial resources.✓
- 2Increase public borrowing.
- 3Reduce foreign investment.
- 4Control inflation only.
Correct answer
Encourage efficient allocation of financial resources.
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Banking and Financial Reforms MCQs →Want more practice questions on Banking and Financial Reforms?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Banking and Financial Reforms