question_answer

The Reserve Bank of India keeps on changing various ratios/rates frequently. Why is this done? [BOI 2008]

[a] To keep inflation under control

[b] To ensure that Indian Rupee does not lose its market value

[c] To ensure that banks do not earn huge profits at the cost of public money.

A)  Only [a]

B)  Only [b]

C)  Only [c]                       

D)  All [a], [b] & [c]

E)  None of these