Which of the following is/are can be considered as the major reason(s) behind the falling deposits rates in the past few months? 1. RBI's has been reducing its monetary policy rates in the recent months. 2. Many banks have now started to link deposit rates to RBI’s repo rate. Select the correct answer using the codes given below: - Study24x7
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UPSC & State PSC
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Which of the following is/are can be considered as the major reason(s) behind the falling deposits rates in the past few months? 1. RBI's has been reducing its monetary policy rates in the recent months. 2. Many banks have now started to link deposit rates to RBI’s repo rate....

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A

1 only

B

2 only

C

Both 1 and 2

D

Neither 1 nor 2

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