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Q. |
When the Reserve Bank of India announces an increase of the Cash Reserve 'Ratio, what does it mean? [IAS 2010] |
A. | The commercial banks will have less money to lend |
B. | The Reserve Bank of India will have less money to lend |
C. | The Union Government will have less money to lend |
D. | The commercial banks will have more money to lend |
Answer» A. The commercial banks will have less money to lend |
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