The Reserve Bank of India can increase the money supply in the economy by ____________. (Choose the correct alternative)
A. demonetisation of currency
B. buying government bonds
C. increasing the cash reserve ratio
D. persuading banks to discourage loans
Answer:B
The Reserve Bank of India can increase the money supply in the economy by ____________. (Choose the correct alternative)
A. demonetisation of currency B. buying government bonds C. increasing the cash reserve ratio D. persuading banks to discourage loans