When the Reserve Bank of India announces an increase of the Cash Reserve Ratio, what does it mean ?

  • The commercial banks will have less money to lend
  • The Reserve Bank of India will have less money to lend
  • The Union Government will have less money to lend
  • The commercial banks will have more money to lend

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When the Reserve Bank of India announces an increase of the Cash Reserve Ratio, what does it mean ?
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