Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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![16. In India, which among the following decides the
savings bank rate?
[A] Central Government
[B] Banks themselves
[C] Reserve Bank of India
[D] Commercial Banks](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fd8d6c415-9d77-425b-b209-344e74ac3ada%2F3351fa6f-5c67-4542-99f6-bfdb908c4ece%2Fe2yzto_processed.jpeg&w=3840&q=75)
Transcribed Image Text:16. In India, which among the following decides the
savings bank rate?
[A] Central Government
[B] Banks themselves
[C] Reserve Bank of India
[D] Commercial Banks
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