General Knowledge - Indian Economy - Discussion

Discussion Forum : Indian Economy - Indian Economy (Q.No. 11)

Indian Economy

11.

If all the banks in an economy are nationalized and converted into a monopoly bank, the total deposits

will decrease

will increase

will neither increase nor decrease

None of the above

Answer: Option

Explanation:

No answer description is available. Let's discuss.

Discussion:

31 comments Page 3 of 4.

Vishal said: 1 decade ago

When a bank is nationalized it has to deposit a fixed amount with RBI and there will be change in deposits. So how the answer is c.

Sunil prusty said: 9 years ago

All banks are converted in a single, their deposit is same. Because the deposits are not changed that is constant.

Deepak kumar said: 1 decade ago

May I know what is mean by monopoly after every bank in a economy being nationalised.

Jay said: 1 decade ago

Would you like anyone tell the name of the nationalized banks which are in no. 6?

Narender kumar said: 10 years ago

What is PLR and how it decide saving deposits rate of bank?

Rd Sharma said: 5 years ago

Thanks all for your discussions, it gives a clearer idea.

Sanjeevkumar said: 1 decade ago

Please tell me about monopolostic market?

Pooja said: 1 decade ago

What is monopoly bank? please tell me.

GurulikeIt said: 10 years ago

Question is confusing and fictions.

Pardeep Kaur said: 8 years ago

I think deposits will decrease.

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