MCQOPTIONS
Saved Bookmarks
| 1. |
When the Reserve Bank of India announces an increase of the Cash Reserve Ratio (CRR), what does it mean? |
| A. | The Commercial banks will has been money to lend |
| B. | The Reserve Bank of India will have less money to lend |
| C. | The Union Government will have less money to lend |
| D. | The commercial banks will have move money to lend |
| Answer» B. The Reserve Bank of India will have less money to lend | |