Question
What is the rate of interest earned on CRR maintained by
banks with RBI?Solution
Banks in India are required to hold a certain proportion of their deposits in the form of cash. However banks do not hold these as cash with themselves; they deposit such cash (i.e. currency chests) with RBI, which is considered as equivalent to holding cash with them. This minimum ratio (that is the part of the total deposits to be held as cash) is stipulated by the RBI and is known as the CRR or Cash Reserve Ratio. Note – the bank does not earn any interest on these cash deposits kept with the RBI. Snapshot from study notes of the ixamBee SEBI course covering topic in crisp and easy to remember format 
11.99% of 199.99 ÷ 8.17 = ? ÷ 14.15
72.8% of (215.69 + 189.38) - 5.97² + (3.01 of 7.8) = ? of (64.02 - 38.95)
739.85 + 5003 ÷ 24.99 × 69.999 = ?
If the length of one side of a rhombus is 16cm then find its surface area. (use √ 3 = 1.732)
79.79% of 299.87 - 54.67% of (39.982 - 9.822 ) = ? - 19.92 × 199.98
What approximate value will come in place of the question mark (?) in the following question?(Note: You are not expected to calculate the exact value.)<...
- What approximate value will come in place of the question mark (?) in the following question? (Note: You are not expected to calculate the exact value.)
32.052- 22.03 x 24.199 - 15.18 x 11.04 = ?
A wire is bent to form a square whose sides are of 132 cm. If the same wire is bent to form a circle, then find the area (in cm2) of the circ...
(? + 6.063.03 ) ÷ 10.08 + 21.89 × 6.97 = 1979.97 ÷ 10.96
