MCQOPTIONS
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| 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 | |