MCQOPTIONS
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| 1. |
Statement:Governor of Reaserve Bank of India has slashed the cash reserve ration (CRR) by a massive 200 basis points form 7.50 per cent to 5.50 per cent. Conclusions :I. This measure will Kickstart the sluggish economy.II. The lendable resources of the banking sector will increase to some extent. |
| A. | if only conclusion I follows |
| B. | if only conclusion II follows |
| C. | if either I or II follows |
| D. | if neither I nor II follows, and |
| E. | if both I and II follow |
| Answer» C. if either I or II follows | |