Question
Consider the following statements regarding the Cash Reserve Ratio (CR
- R : 1. Banks earn interest on the CRR balances maintained with the RBI. 2. An increase in CRR helps in sucking out liquidity from the banking system. 3. CRR is applicable only to Public Sector Banks. Which of the statements above is/are correct?
More General Topics in Finance Questions
- In case of securitization of standard assets, what is the Minimum Retention Requirement (MRR) for underlying loans of maturity – 24 months or less; ?
- A negative supply shock, such as a sudden rise in oil prices, would cause the short-run Phillips curve to:
- What does a 'Zero-Coupon Bond' mean?
- In the evolving landscape of financial markets, the structure and governance of stock exchanges have undergone significant changes to improve transparency,...
- What is a 'Red Clause Letter of Credit'?
- A 'Large Defaulter' is defined by the RBI as a borrower who has defaulted on a loan of:
- A 'Letter of Credit' (LC) is a payment mechanism used primarily in:
- The 'Interest Subvention Scheme' for short-term crop loans is available for loans up to:
- What initiative was launched by SIDBI in 2018 to track the current state and expected outlook on the MSME sector?
- In the context of 'Charges on Securities', consider these statements: 1. In a Pledge, the bank has the right to sell the goods without a court order after...
Relevant for Exams:
Hey! Ask a query
Please enter email id
The email must be a valid email address.
Please enter Mobile Number
Please enter valid Mobile Number
Please enter your Doubt
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
- 200 Questions with Detailed Solutions
- Section-wise Coverage (GA, English, Quant & Reasoning)