📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

    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

    Practice Next
    More Research Questions