CUET Economics 2025 22 May Shift 1Macro > MediumReverse repo rate.Bank Rate.Cash Reserve Ratio.Repo Rate.✅ Correct Option: 2Related questions:30 May Shift 1Arrange the following steps involved in the process of credit creation by Commercial Banks. (A) The commercial bank lends the excess reserves to the borrowers. (B) The borrowers deposit the loaned money in the bank. (C) The bank keeps a portion of the lent deposit money as reserve. (D) The initial deposit is made in the commercial bank. Choose the correct answer from the options given below:22 May Shift 2Currency notes and coins cannot be refused by any citizen of the country for settlement of any kind of transaction due to which they are called __ __31 May Shift 1Why does central bank is called the lender of last resort? It lends money to the government to finance its budget deficit. Central bank lends money to trade and industry to support their export operations. When a country runs out of money, the central bank prints more money. Central bank lends money to banks at all times.