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
848
0
Do you find this helpful?
4

View all MCQs in

Banking and Insurance

Discussion

No comments yet