get the app get the app       get the app       get the app


Question: In the context of Indian economy, which of the following is/are the purpose/purposes of
`Statutory Reserve Requirementsââ"šÂ¬Ã¢"žÂ¢?
1. To enable the Central Bank to control the amount of advances the banks can create
2. To make the peopleââ"šÂ¬Ã¢"žÂ¢s deposits with banks safe and liquid.
3. To prevent the commercial banks from making excessive profits.
4. To force the banks to have sufficient vault cash to meet their day-to-day
requirements
Select the correct answer using the code given below

1)1 only
2)1 and 2 only
3)2 and 3 only
4)1, 2, 3 and 4


Previous Next
Exam


Suggest other answer
Login to Discuss/suggest the answer...

Exam Exam: CSAT IAS 2014





Recommended Learning for you

Close(X)
Subscribe here for free mock test on IAS PCS SSC and other competitive exam. Signup here to get SSC CGL Solution and main exam study material