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In the context of Indian economy, which of the following is/are the purpose/purposes of ‘Statutory Reserve Requirements’?1. To enable the Central Bank to control the amount of advances the banks can create2. To make the people’s deposits with banks safe and liquid3. To prevent the commercial banks from making excessive profits4. To force the banks to have sufficient vault cash to meet their day-to-day requirementsSelect the correct answer using the code given below.[2014]a)1 onlyb)1 and 2 onlyc)2 and 3 onlyd)1, 2, 3 and 4Correct answer is option 'A'. Can you explain this answer? for UPSC 2025 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about In the context of Indian economy, which of the following is/are the purpose/purposes of ‘Statutory Reserve Requirements’?1. To enable the Central Bank to control the amount of advances the banks can create2. To make the people’s deposits with banks safe and liquid3. To prevent the commercial banks from making excessive profits4. To force the banks to have sufficient vault cash to meet their day-to-day requirementsSelect the correct answer using the code given below.[2014]a)1 onlyb)1 and 2 onlyc)2 and 3 onlyd)1, 2, 3 and 4Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for UPSC 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for In the context of Indian economy, which of the following is/are the purpose/purposes of ‘Statutory Reserve Requirements’?1. To enable the Central Bank to control the amount of advances the banks can create2. To make the people’s deposits with banks safe and liquid3. To prevent the commercial banks from making excessive profits4. To force the banks to have sufficient vault cash to meet their day-to-day requirementsSelect the correct answer using the code given below.[2014]a)1 onlyb)1 and 2 onlyc)2 and 3 onlyd)1, 2, 3 and 4Correct answer is option 'A'. Can you explain this answer?.

Solutions for In the context of Indian economy, which of the following is/are the purpose/purposes of ‘Statutory Reserve Requirements’?1. To enable the Central Bank to control the amount of advances the banks can create2. To make the people’s deposits with banks safe and liquid3. To prevent the commercial banks from making excessive profits4. To force the banks to have sufficient vault cash to meet their day-to-day requirementsSelect the correct answer using the code given below.[2014]a)1 onlyb)1 and 2 onlyc)2 and 3 onlyd)1, 2, 3 and 4Correct answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for UPSC. Download more important topics, notes, lectures and mock test series for UPSC Exam by signing up for free.

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