Question
What is the Cash Reserve Ratio (CRR)
currently?Solution
Cash reserve ratio refers to the proportion of total deposits of the commercial banks which they must keep as cash reserves with the RBI. Increase in CRR will leave the commercial banks with less money to lend As of December 2025, the CRR stands at 3%.
- Price of rice is increased by 25%. Find the percentage by which consumption must be decreased so that expenditure on rice remains unchanged.
0.5 is what percentage of 20?
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The monthly income of a person is Rs.25000 from which he spends 20% on rent, 10% of remaining on food and 20% of remaining on clothing. The remaining a...
