When in the Economic, Bank rate decrease, Arrange the following statements relating to change in bank rate in the sequencing order :

(A) Loans taken by commercial bank become cheaper

(B) Increases money supply

(C) Bank rate is decreased by RBI

(D) Reserves held by commercial banks increases

Choose the correct answer from the options given below :

(C), (A), (D), (B)

The correct answer is option (2) : (C), (A), (D), (B)