CUET EconomicsMacro > EasyIt controls the money supply in the economy through different rates.It acts as a banker to the government.It accepts deposits and give loans to people.It issues the currency of the country.✅ Correct Option: 3Related questions:29 May Shift 1What is the process through which banks create money?CUET Economics 2022 Slot 3High powered money comprises of :28 May Shift 1The rate at which Reserve Bank of India gives loans to the commercial Bank for longer duration: Repo Rate. Reverese Repo Rate. Bank Rate. Saving Rate.