As per recent newspaper reports, India’s public debt rises 2•8 per cent to Rs. 28 lakh crore. Which one of the following is the reason that has forced commercial banks to buy Government securities ?

As per recent newspaper reports, India’s public debt rises 2•8 per

1.	As per recent newspaper reports, India’s public debt rises 2•8 per cent to Rs. 28 lakh crore. Which one of the following is the reason that has forced commercial banks to buy Government securities ?
A.	Lack of credit growth
B.	Increase in credit growth
C.	Raising of repo rate
D.	Raising of reverse repo rate
E.	None of these
Answer» B. Increase in credit growth

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As per recent newspaper reports, India’s public debt rises 2•8 per cent to Rs. 28 lakh crore. Which one of the following is the reason that has forced commercial banks to buy Government securities ?

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