Deposits that commercial banks keep with the RBI, plus their cash, are called:
AAdvances
BNet worth
COverdrafts
DReserves
Answer & Solution
Correct answer: D. Reserves
1. They are partly cash, partly RBI instruments.
2. These are the bank's reserves.
3. Loans are the bank's other main asset.
_Source: syllabus Introductory Macroeconomics, Chapter 3, Money and Banking._
Keep practising Indian Economy
Browse all Indian Economy questions for UPSC CSE, or explore more Economics topics.