If the Reserve Bank of India wants to increase the Cash Reserves commercial Banks, which among the following would be the most probable step taken by it ?

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Question:
If the Reserve Bank of India wants to increase the Cash Reserves commercial Banks, which among the following would be the most probable step taken by it ?

1.Release Gold from its reserves

2.Buy bonds in the open market

3.Prohibit the transactions that involve bill of exchange

4.Increase the tranche reserves with the IMF

Posted Date:-2021-06-25 13:57:45

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