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Type : MCQ

Intructions :

Directions: Read the following argument and answer the question that follows.

Question Statement :

Chinese investors jokingly call the central bank “central mama”. They thanked her for dispensing a bit of love over the weekend by trimming interest rates and reducing some lenders’ required reserves. The rate cut, her fourth since November, took one-year benchmark lending rates to 4.85%, a record low for China. Punters hope this will save the stock market from further carnage.

Which of the following can best be inferred from this passage?