I. RBI has revised the CRR and other such rates upward which has created a liquidity crunch in the market. |
II. Stock markets in the country are showing very high fluctuations as visible through their indexes. As a result banks have lost a huge amount of money in trading. Banks now want to recover that money by increasing their interest rates. |
III. Banks are in need of a huge amount of money as they have to give revised pay to all its employees. |
A) Only I
B) Only II
C) Only III
D) All of these
E) None of these
Correct Answer: A
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