MCQOPTIONS
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| 1. |
If the Reserve Bank of India wants to increase the cash reserves of commercial banks, which of the following is the most likely step? |
| A. | buying bonds in the open market |
| B. | stop the transaction involving bill of exchange |
| C. | to issue gold from its reserves |
| D. | none of these |
| Answer» B. stop the transaction involving bill of exchange | |