📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!
  • google app store apple app store
    • ✖

      Question

      When RBI raises the Cash reserve Ratio rate what action

      are the banks required to take?
      A They have to deposit additional money with RBI as reserve money Correct Answer Incorrect Answer
      B Banks are required to increase their lending to the priority sector Correct Answer Incorrect Answer
      C Banks also increase their lending and deposit rates Correct Answer Incorrect Answer
      D All the above Correct Answer Incorrect Answer
      E 1 and 2 Correct Answer Incorrect Answer

      Solution

      The correct answer is A

      Practice Next
      More Finance Questions

      Relevant for Exams:

      ask-question