If the Reserve Bank of India wants to increase the cash reserves of commercial banks, which of the following is the most likely step?
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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?
- 1buying bonds in the open markettrue
- 2stop the transaction involving bill of exchangefalse
- 3to issue gold from its reservesfalse
- 4none of thesefalse
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