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No - thi hike in CRR and repo rate is not going to have any positive impact on inflation as it will deter the growth rate and it'll not be good for economy |
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Yes - the hike in CRR and repo rate will increase the rates of interest and hence spend of people will reduce considerably and inflation will go down |
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No - the central bank should not have tinkered woth the CRR and repo rate, it should have been left untouched |
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Created on June 25, 2008
by
baua
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