When the Reserve Bank of India announces an increase of the

Please wait...
THANKU FOR BEING A PART OF OUR JOURNEY TO BRING "REVOLUTION IN EDUCATION"
We Genuinely APPRECIATE your PATIENCE

Coming Soon

111

M: +2.00/-0.67

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

[UPSC CSE Prelims 2010]

The commercial banks will have less money to lend

The Reserve Bank of India will have less money to lend

The Union Government will have less money to lend

The commercial banks will have more money to lend