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UPSC Economics Business and Foreign Trade / व्यापार और विदेश व्यापार Question Bank Money Supply and Indian Financial System

  • question_answer
          Consider the following statements:
    1. In Narrow Banking Banks just accept deposits and provide loans.
    2. In Narrow Banking there is rarely Asset Liability Mismatch
    Which among the above statements is/are correct?

    A) Only 1 is correct

    B) Only 2 is correct

    C) Both 1 and 2 are correct

    D) None of them is correct

    Correct Answer: B

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