Question
Consider the following statements regarding the Cash
Reserve Ratio (CRR): 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?ĀSolution
Banks do not earn any interest on CRR. It is applicable to all Scheduled Commercial Banks (Public, Private, Foreign, RRBs, and Cooperatives).
In a certain code, if ā5 6ā means āthatĀ ballā, what do ā5ā and ā6ā mean respectively in that code?
Statement I:ā4Ā 6Ā 9ā ...
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I. ...
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Statements:
I. H is taller than only one person.
II. F is not the ta...
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How is CODE written in the code language?
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