Menu
Home / General Knowledge / Indian Economy :: Discussion

Discussion :: Indian Economy

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

    2. A.

     will decrease
    B.

     will increase
    C.

     will neither increase nor decrease
    D.

     None of the above

    View Answer

    Workspace

    View Answer

    Answer : Option C

    Explanation :

    If all the banks in an economy are nationalized and converted into a monopoly bank, the total deposits will neither increase nor decrease.

Write your comments here:

Be The First To Comment