MCQOPTIONS
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| 1. |
Q: If the Reserve Bank of India wants to increase the Cash Reserves commercial Banks, which among the following would be the most probable step taken by |
| A. | Release Gold from its reserves |
| B. | Buy bonds in the open market |
| C. | prohibit the transactions that involve bill of exchange |
| D. | Increase the tranche reserves with the IMF |
| Answer» C. prohibit the transactions that involve bill of exchange | |