Suppose, the Reserve Bank of India reduces the bank rate by 1 percent. – McqOptions

MCQOPTIONS

1.	Suppose, the Reserve Bank of India reduces the bank rate by 1 percent. What will be its effect -
A.	less cash in the market
B.	more cash in the market
C.	No change in cash position in the market
D.	Collection of excess deposits by commercial banks
Answer» C. No change in cash position in the market

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