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Subject - Banking:

Basics

MCQ - 11-1475

Question:

In order to control credit and investment, the Central Bank of a country should

  1. Sell securities in the open market and hike the cash reserve ratio.
  2. Buy securities in the open market and lower the cash reserve ratio.
  3. Buy securities from the open market and hike the cash reserve ratio.
  4. Buy securities in the open market and lower the cash reserve ratio.

Correct Answer: A

Explanation:

It is a Fact. It requires no explanation.

Record Performance

20 MCQ for effective preparation of the test of Basics of Banking section.

Read the MCQ statement: In order to control credit and investment, the Central Bank of a country should, keenly and apply the method you have learn through the video lessons for Basics to give the answer. Record your answer and check its correct answer and video explanation for MCQ No. 11-1475.

How to Answer

Solve the question for MCQ No. and decide which option (A through D/E) is the best choice to answer the MCQ, then click/tap the blue button to view the correct answer and it explanation.

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