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M: +2.00/-0.50

Which of the following statements is correct regarding the bank reserves?
I. These reserves are kept partly as cash and partly in the form of financial instruments.
II. Cash Reserves Ratio are deposits which commercial banks keep with the Reserve Bank of India.

 

[SSC CHSL 9th March 2023 Shift-4 With Answers]
A
B
C
D

EXPLANATION

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