The reserves held by Commercial Banks over and above the statutory minimum, with the RBI are called - 9506

K

Kanak Sharma • 5.38K Points
Tutor III Economic

Q. The reserves held by Commercial Banks over and above the statutory minimum, with the RBI are called

(A) Cash reserves
(B) Deposit reserves
(C) Excess reserves
(D) Momentary reserves

Correct Answer - Option(C)

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