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Suppose you are a member of the high powered committee constituted by the RBI. You have suggested that as the supervisor of commercial banks____________(restriction/release) of the money be ensured, by the RBI to recover the deflationary situation.

Posted by Ananya Lal 4 years, 10 months ago

CBSE > Class 12 > Economics

3 answers

Nishu Dahiya 4 years, 10 months ago

Release due to which the commercial banks create more credit and the supply of money increases in the market.

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Kaushal Tomar 4 years, 10 months ago

Release

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Gaurav Seth 4 years, 10 months ago

Full question:

In the present COVID-19 times, many economists have raised their concerns that Indian economy may have to face a deflationary situation, due to reduced economic activities in the country. Suppose you are a member of the high powered committee constituted by the Reserve Bank of India (RBI). You have suggested that as the supervisor of commercial banks, ................ (restriction/release) of the money supply be ensured, by the Reserve Bank of India (RBI).

Answer:

release

This question is from 2020-21 sample paper

check here for paper and solution

Economics

<a href="http://cbseacademic.nic.in/web_material/SQP/ClassXII_2020_21/Economics-SQP.pdf" target="_blank">SQP</a>

<a href="http://cbseacademic.nic.in/web_material/SQP/ClassXII_2020_21/Economics-MS.pdf" target="_blank">MS</a>

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