Which of the following statements is/are false?
A. The cash reserve ratio affects the credit creation.
B. Business conditions of the banks like inflation, depression, etc. affect the credit creation process.
C. Credit Policy of the Central bank affects the cash reserve ratio.
D. All the banks have the same nature and extent of programmes of credit sanction and disbursement.
1
Only C is false
2
Only D is false
3
A and B are false
4
Only A is false