Question
Which of the following is the correct meaning of Cash
Reserve Ratio (CRR), a monetary policy tool used by RBI?Solution
CRR, or Cash Reserve Ratio, is the percentage of a bank's total deposits that they are required to keep with the Reserve Bank of India (RBI) as reserves. The minimum CR requirement is specified by RBI which is a percentage of the Net Demand and Time Liabilities (NDTL) of the bank. Banks cannot lend the CRR money to corporates or individual borrowers, nor use that money for investment purposes. Banks do not earn any interest on that CRR.Â
यदि x का मान y के मान से 25% कम हो तो ल का मान ग के मान से अधिक है -
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