Q: 83 (CAPF/2023)If the Cash Reserve Ratio is lowered by theRBI, supply of money in the economy will :remain unchanged.decrease.increase.have ambiguous impact.question_subject: Economicsquestion_exam: CAPFExplanationLowering the Cash Reserve Ratio (CRR) by the RBI increases the amount of liquid funds available with banks. This, in turn, increases the money supply in the economy as banks have more funds to lend, which can stimulate economic activity. Please login to bookmark this question