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When the Reserve Bank of India reduces the Statutory Liquidity Ratio by 50 basis points, which of the following is likely to happen?

A)   Foreign Institutional Investors may bring more capital into our country.

B)   It may drastically reduce the liquidity to the banking system.

C)   Scheduled Commercial Banks may cut their lending rates.

D)   India's GDP growth rate increases drastically.

E)   None of these