UPSC Civil Services 2015 Prelims General Studies Paper I

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Question : 72 of 100

Marks: +1, -0

When the Reserve Bank of India reduces the Statutory Liquidity Ratio by 50 basis points, which of the following is likely to happen?

India's GDP growth rate increases drastically
Foreign Institutional Investors may bring more capital into our country
Scheduled Commercial Banks may cut their lending rates
It may drastically reduce the liquidity to the banking system

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