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If all the banks in an economy are nationalized and converted into a monopoly bank, the total deposits

will decrease
will increase
will neither increase nor decrease
None of the above
Additional Questions

India changed over to the decimal system of coinage in

Answer

The association of the rupee with pound sterling as the intervention currency was broken in

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On which one of the followings is the benefits received principle of taxation to achieve optimality bases?

Answer

One of the reasons for Indias occupational structure remaining more or less the same over the years has been that

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Gross domestic capital formation is defined as

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On July 12, 1982, the ARDC was merged into

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Which of the following is the most appropriate cause of exports surplus?

Answer

If the cash reserve ratio is lowered by the RBI, its impact on credit creation will be to

Answer

Which of the following items would not appear in a companys balance sheet?

Answer

The currency convertibility concept in its original form originated in

Answer
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