Question

Make a comparative analysis of lending
performance of five commercial Bank in
the past 5 years with reference
to changing
CRR and
SLR
​

Answer 1

Answer:

(i) Rate of interest was limited to 12%.

(iii) Power to issue currency notes was given in 1824.

(iii) Power to open new branches given in 1839.

(iv) Power to deal in inland exchange was given in 1839.