1

When the cash reserve ratio (CRR) is increased by the RBI, it will:

Correct Answer: Decrease the supply of money in the economy

Make the most of this question

This page focuses on one Banking and Insurance question from Faculty. After checking the answer, return to the topic list to practice more or run a timed set.

Banking and Insurance MCQ: When the cash reserve ratio (CRR) is increased by the RBI, it will: | Extra Education