If all the banks in an economy are nationalized and converted into a monopoly bank, the total deposits
A. will decrease
B. will increase
C. will neither increase nor decrease
D. None of the above
Answer: Option C
Solution(By Examveda Team)
If all the banks in an economy are nationalized and converted into a monopoly bank, the total deposits will neither increase nor decrease.This Question Belongs to General Knowledge >> Indian Economy
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