Q444
Which one of the following statement is incorrect?
A.
NABARD Consultancy Services (NABCONS) is a subsidiary of NABARD
B.
In 1947, the Reserve Bank stopped acting as banker to the Government of Burma
C.
Every NBFC should not be registered with RBI
AnswerD.
RBI uses CRR either to drain excess liquidity or to release funds needed for the growth of the economy
Answer: Option C
Solution
Answer: Option C
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