The recent decisions of the RBI to cut Cash Reserve Ratio (CRR) by 150 basis points (October 2008) will be able to infuse how much liquidity into the market? [OBC 2008]

The recent decisions of the RBI to cut Cash Reserve Ratio (CRR) by 150

1.	The recent decisions of the RBI to cut Cash Reserve Ratio (CRR) by 150 basis points (October 2008) will be able to infuse how much liquidity into the market? [OBC 2008]
A.	Rs. 10,000 crores
B.	Rs. 30,000 crores
C.	Rs. 40,000 crores
D.	Rs. 50,000 crores
E.	None of these
Answer» D. Rs. 50,000 crores

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The recent decisions of the RBI to cut Cash Reserve Ratio (CRR) by 150 basis points (October 2008) will be able to infuse how much liquidity into the market? [OBC 2008]

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