Banking General Awareness Reserve Bank of India Question Bank Previous Years Questions - Reserve Bank of India - Structure and Functions

  • question_answer
    The recent decisions of the RBI to cut Cash Reserve Ratio (CRR) by 150 basis points (October 2008) will be able to infuse how much liquidity into the market?                 [OBC 2008]

    A)  Rs. 10,000 crores

    B)  Rs. 30,000 crores

    C)  Rs. 40,000 crores

    D)  Rs. 50,000 crores

    E)  None of these

    Correct Answer: C


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