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Question

Economics Question on Basic Banking Concepts

Match LIST I with LIST IILIST I
| LIST II

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A| High powered money| I| 1CashReserveRatio\frac{1}{Cash Reserve Ratio}
B| Central Bank| II| Fixed by the RBI
C| Money multiplier| III| An apex hank of the country
D| Cash Reserve Ratio | IV| Currency issued by central bank
Choose the correct answer from the options given below

A

(A)-(II), (B)-(III), (C)-(IV), (D)-(I)

B

(A)-(II), (B)-(III), (C)-(I), (D)-(IV)

C

(A)-(III), (B)-(II), (C)-(IV), (D)-(I)

D

(A)-(IV), (13)-(III), (C)-(I), (D)-(II)

Answer

(A)-(IV), (13)-(III), (C)-(I), (D)-(II)

Explanation

Solution

The correct option is (D) :(A)-(IV), (13)-(III), (C)-(I), (D)-(II)