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.

Nikhil.D said:   4 years ago
As the banks ar not involved in the national income the increase and decrase does not effect the deposits of us thats why the deposits will neither increase nor decrease.

Monopoly: Monopoly refers to a market situation where there exists only one sellerwith many buyers.
(2)


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