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Q:

If the Reserve Bank of India wants to increase the cash reserves of commercial banks, which of the following is the most likely step?

  • 1
    buying bonds in the open market
  • 2
    stop the transaction involving bill of exchange
  • 3
    to issue gold from its reserves
  • 4
    none of these
  • Show Answer
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Answer : 1. "buying bonds in the open market"

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