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
Correct Answer:
Verified
Q8: An increase in the interest rate1
A)shifts the
Q9: As higher is the MPS
A)lower is the
Q10: To increase the money supply, the bank
Q11: The variable that connect the market of
Q12: Point out the monetary policy instrument:
A)an increase
Q13: Monetary Policy is a regulatory policy by
Q14: -------controls the supply of money and bank
Q15: The main objective of monetary policy in
Q17: If RBI wants to increase the credit
Q18: Trade between two countries is called
A)Internal trade
B)Intra-Country
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