General Knowledge - Indian Economy - Discussion

Discussion Forum : Indian Economy - Indian Economy (Q.No. 11)
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 4 of 4.

Prashant said:   2 decades ago
It will remain the same, because bank do not increase the national income. So it remains the same immaterial wheather banks are there or not.


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