New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    If all the banks in an economy are nationalized

    and converted into a monopoly bank, the total deposits
    A will decrease Correct Answer Incorrect Answer
    B will increase Correct Answer Incorrect Answer
    C will neither increase nor decrease Correct Answer Incorrect Answer
    D None of the above Correct Answer Incorrect Answer

    Solution

    The correct answer is C

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