Online GK Series

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

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...

Please Like Us
Brand

Recommended Books for Competitive Exams

VIEW ALL