MCQOPTIONS
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| 1. |
Which of the following is/are the objective of 'Statutory Reserve Requirements' with reference to the Indian economy? To give the central bank the ability to control the advances that can be made by the banks.2. Keeping public deposits in banks safe and liquid.3. Preventing commercial banks from making excessive profits.4. Forcing banks to keep enough vault cash to meet their day-to-day requirements. Select the correct answer using the code given below |
| A. | 1,2,3 and 4 |
| B. | 2 and 3 only |
| C. | 1 and 2 only |
| D. | only 1 |
| Answer» E. | |