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MA
Question Practice

What requirement do banks in India have concerning cash balances?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 10
Social Science
Understanding Economic Development
MONEY AND CREDIT
Question Bank

What requirement do banks in I...

Single Answer MCQ
Q-00015897

What requirement do banks in India have concerning cash balances?

1

To lend as much as possible

2

To maintain a minimum cash balance out of deposits

3

To invest in foreign currency

4

To offer loans only to profit-making businesses

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