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Q. |
When the cash reserve ratio (CRR) is increased by the RBI, it will: |
A. | Increase the supply of money in the economy |
B. | Decrease the supply of money in the economy |
C. | No impact on the supply of money in the economy |
D. | Initially increase the supply but later on decrease automatically. |
Answer» B. Decrease the supply of money in the economy |
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