As per RBI a bank compulsory needs to invest in government guarantees in order to
A. Earn high interest rate
B. Withdraw it easily in emergencies
C. Assure people about the financial capability of the bank
D. Both (A) and (B)
Answer:B
As per RBI a bank compulsory needs to invest in government guarantees in order to
A. Earn high interest rate B. Withdraw it easily in emergencies C. Assure people about the financial capability of the bank D. Both (A) and (B)