Sale of a bond by RBI to private individuals or institutions leads to ______.
I. reduction in the quantity of reserves
II. reduction in money supply
1
Only I
2
Neither I nor ॥
3
Both I and II
4
More than one of the above
5
None of the above
Sale of a bond by RBI to private individuals or institutions leads to ______.
I. reduction in the quantity of reserves
II. reduction in money supply