Giving reasons, state whether the statements are true or false.Under marginal requirement, the Reserve Bank of India gives directions to other banks to channelise credit to priority sectors.

Giving reasons, state whether the statements are true or false.Under

1.	Giving reasons, state whether the statements are true or false.Under marginal requirement, the Reserve Bank of India gives directions to other banks to channelise credit to priority sectors.
Answer» False. It happens under selective credit controls.

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Giving reasons, state whether the statements are true or false.Under marginal requirement, the Reserve Bank of India gives directions to other banks to channelise credit to priority sectors.

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