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ENGLISH
CURRENT AFFAIRS
APTITUDE
BANKING
UGC NET
REASONING
COMPUTER SC.
COURSES
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when the reserve bank of india announces an increase of the cash reserve rate, what does it mean
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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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