Q524
When RBI reduces Statutory Liquidity Ratio by 50 or 100 basis points, which of the following should be outcome?
A.
India's GDP growth rate increases drastically
B.
Foreign Institutional Investors may bring more capital in to our country
C.
Scheduled Commercial Banks may cut their lending rates
AnswerD.
It may drastically reduce the liquidity to the banking system
Answer: Option C
Solution
Answer: Option C
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