Which one of the following statements is correct regarding increase in – McqOptions

MCQOPTIONS

1.	Which one of the following statements is correct regarding increase in the Cash Reserve Ratio (CRR) in India ?
A.	It increase credit creation
B.	It reduces credit creation
C.	It does not affect credit
D.	It denotes liberal monetary policy
Answer» C. It does not affect credit

Discussion

No Comment Found

Related MCQs

Which bank launched the Digital Village Project in Akodara village in Gujarat?
The banks are required to maintain a certain ratio between their cash in hand and total assets. This is called
Note issuing department of RBI should always possess the minimum gold stock of worth-
Which of the following does not grant any tax rebate?
In the list of Top 50 Most Valued Global Banks (in terms of market capitalisation) released by Bloomberg on 17 January 2015, which bank got first rank?
What are 'Open Market Operations'?
Which of following States Achieved 100% financial inclusion? (Each and every family in the State has atleast one bank account)
In which year was the Reserve Bank of India established?
Reserve Bank of India was nationalised in
Which amongst the following organisations make major credit policies for the Regional Rural Banks (RRBs) ?