Join Examsbook
1631 0

Q:

If Reserve Bank of India reduces the cash reserve ratio, it will :

  • 1
    increase credit creation
  • 2
    decrease credit creation
  • 3
    have no impact on credit creation
  • 4
    have no definite impact on credit creation
  • Show AnswerHide Answer
  • Workspace

Answer : 1. "increase credit creation"

Are you sure

  Report Error

Please Enter Message
Error Reported Successfully