R

Rakesh Yadav • 5.76K Points
Tutor III Economic

Q. When the Reserve Bank of India announces an increase of the Cash Reserve Ratio, what does it mean ?

  • (A) The commercial banks will have more money to lend
  • (B) The commercial banks will have less money to lend
  • (C) The Reserve Bank of India will have less money to lend
  • (D) The Union Government will have less money to lend
  • Correct Answer - Option(B)
  • Views: 500
  • Filed under category Economic

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