📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!


    Question

    The Reserve Bank of India and the Federal

    Reserve,
    A are central banks Correct Answer Incorrect Answer
    B are branches of commercial banks Correct Answer Incorrect Answer
    C use fiscal policy to influence GDP Correct Answer Incorrect Answer
    D loan money to most of LDC commercial banks Correct Answer Incorrect Answer

    Solution

    The Reserve Bank of India and the Federal Reserve are central banks.

    Practice Next
    ask-question