Online GK Series

This site is dedicated to the aspirants of competitive exams SSC, UPSC, Railways, Postal Assistants, Bank, GATE and NET

Connect with Universities & Study Abroad Experts Instantly Connect Now

Q.

When the Reserve Bank of India announces an increase of the Cash Reserve Rate, what does it mean?

A The commercial banks will have more money to lend
B The Union Government will have less money to lend
C The Reserve Bank of India will have less money to lend
D The commercial banks will have less money to lend
Answer & Explanation
Option: [D]

Your Valuable Comments Please...

Important EBooks for Competitive Exams

VIEW ALL