1
Question
The reserves held by commercial banks with the RBI , over and above the statutory minimum, are called
The reserves held by commercial banks with the RBI , over and above the statutory minimum, are called
Open in App
Solution
The correct option is C Excess reserves
The reserves held by Commercial Banks with the RBI over and above the statutory minimum, are called excess reserves.
Excess reserves
The reserves held by Commercial Banks with the RBI over and above the statutory minimum, are called excess reserves.
Suggest Corrections
0
Similar questions
View More
Join BYJU'S Learning Program
Explore more
Join BYJU'S Learning Program
