In the context of Indian economy, which of the following is/are the purpose/purposes of`Statutory Reserve RequirementsÃƒÂ¢ÃÂ¬ÃÂ¢?1. To enable the Central Bank to control the amount of advances the banks can create2. To make the peopleÃƒÂ¢ÃÂ¬ÃÂ¢s deposits with banks safe and liquid.3. To prevent the commercial banks from making excessive profits.4. To force the banks to have sufficient vault cash to meet their day-to-dayrequirementsSelect the correct answer using the code given below

In the context of Indian economy, which of the following is/are the pu

1.	In the context of Indian economy, which of the following is/are the purpose/purposes of`Statutory Reserve RequirementsÃƒÂ¢ÃÂ¬ÃÂ¢?1. To enable the Central Bank to control the amount of advances the banks can create2. To make the peopleÃƒÂ¢ÃÂ¬ÃÂ¢s deposits with banks safe and liquid.3. To prevent the commercial banks from making excessive profits.4. To force the banks to have sufficient vault cash to meet their day-to-dayrequirementsSelect the correct answer using the code given below
A.	1 only
B.	1 and 2 only
C.	2 and 3 only
D.	1, 2, 3 and 4
Answer» C. 2 and 3 only