Question

Which of the following is not concerned with banking organization?(a) Bank rate (b) Fiscal deficit;
(c) Credit creation; (d) Cash reserve ratio

Answer 1

Answer:

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Answer 2

Answer:

Option (b) is correct

Explanation:

In this question, we have to determine which of the following is not concerned with the banking organization. the fiscal deficit is not concerned with the banking organization because the fiscal deficit is related to a country's economy not to the banking organization. The fiscal deficit means a situation when the spending of a country exceeds the income of a country. All the other three option bank rate, credit creation, and cash reserve ratio is concerned with the bank.

Hence, option (b) is correct.

Option (a) is not correct because it is concerned with banking organizations.

Option (c) is not correct because it is concerned with banking organizations.

Option (d) is not correct because it is concerned with banking organizations.

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