The Cash Reserve Ratio is an effective instrument of credit control. U – McqOptions

MCQOPTIONS

1.	The Cash Reserve Ratio is an effective instrument of credit control. Under the RBI Act, 1934 every______bank has to keep certain minimum cash reserves with RBI:
A.	public bank
B.	commercial bank
C.	industrial and agricultural banks
D.	none of these
Answer» C. industrial and agricultural banks

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