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Commerce · Q951

Banking and Financial Institutions

Graduate and Post Graduate · Commerce · question 951

Q951

What do we mean by financial deepening?

A.
It refers to growth of Aggregate Monetary Resources in relation to Gross National Product
Answer
B.
It deals with our resources in commercial banking
C.
It talks about the deep impact of RBI has in the economy of nation
D.
It talks about shadow banking activities in the nation

Answer: Option A

Solution

Answer: Option A
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