Giving reasons, state whether the statements are true or false.Cash reserve ratio and statutory liquidity ratio are fixed by the central bank.

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

1.	Giving reasons, state whether the statements are true or false.Cash reserve ratio and statutory liquidity ratio are fixed by the central bank.
Answer» True. They are fixed by central bank under quantitative instruments of credit control.

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Giving reasons, state whether the statements are true or false.Cash reserve ratio and statutory liquidity ratio are fixed by the central bank.

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