New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    What is the Cash Reserve Ratio (CRR)?

    A the fraction of the deposits that commercial banks lend to the customers Correct Answer Incorrect Answer
    B the fraction of the deposits that RBI must keep with commercial banks Correct Answer Incorrect Answer
    C the fraction of the deposits that commercial banks must keep with RBI Correct Answer Incorrect Answer
    D none of the above Correct Answer Incorrect Answer
    E all of the above Correct Answer Incorrect Answer

    Solution

    Cash Reserve Ratio (CRR) is the fraction of the deposits that commercial banks must keep with RBI

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