CUET Economics 2025 29 May Shift 1Macro > EasyStore of value.unit of account.Standard of differed payment.Medium of exchange.✅ Correct Option: 2Related questions:26 May Shift 2During the period of COVID, there was an apprehension that the Indian economy might slip into recession. Therefore, to combat the situation, the Reserve bank of India reduced the Repo rate by 110 basis points. Arrange the consequences of the same in sequential order. (A) Increase in aggregate demand. (B) Reduction in the market lending rate by commercial banks. (C) Increase in money supply. (D) Increase in borrowings by the public. Choose the correct answer from the options given below:27 May Shift 2Central Bank is a very important institution in a modern economy. Almost every country has one central bank. India got its central bank in ......CUET Economics 2023 Slot 1The RBI can influence money supply by changing __________ at which it gives loan to the commercial Banks.