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M: +2.50/-0.83

The graph given below indicates the changes in key policy rates made by the Central Bank several times in a year:

Which one of the following can be the most likely reason for the Central Bank for such an action?

[Paper II (CSAT) Analysis 2018]
A
B
C
D

EXPLANATION

Answer is (d). This is a question based on general knowledge and not aptitude...
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