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
D. It may drastically reduce the liquidity to the banking system
Answer: Option C
Related Questions on Banking and Financial Institutions
A. 1, 2 and 3
B. 2, 3 and 4
C. 1, 2 and 4
D. 1, 2, 3 and 4
The coverage of Right to Information Act (RTI), 2005 is:
A. Whole of India
B. Whole of India, except North Eastern States
C. Whole of India, except the State of Jammu & Kashmir
D. None of the above
Second generation reforms in our country do not comprise of which one of the following?
A. Exploiting the knowledge based global economy
B. Growing Indian transnational corporations
C. Population control measures
D. Clean environment
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