Sports GK Questions and Answers 2024 (Latest Updated)

Awards & Honours GK Questions 2024 (Latest Updated)

Question

When the Reserve Bank of India announces an increase of the Cash Reserve Rate, what does it mean?

A The commercial banks will have more money to lend
B The Union Government will have less money to lend
C The Reserve Bank of India will have less money to lend
D The commercial banks will have less money to lend
Answer & Explanation
Option: [D]
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