Question
Consider the following statements about the Cash
Reserve Ratio (CRR)? I. Under CRR, the banks have to hold a certain minimum amount of deposit as reserves with the central bank. II. The percentage of cash required to be kept in reserves as against the bank's total deposits. III. The cash reserve is either stored in the bank’s vault or is sent to the RBI. Which of the following statements is/are incorrect?Solution
Under cash reserve ratio (CRR), the commercial banks have to hold a certain minimum amount of deposit as reserves with the central bank. The percentage of cash required to be kept in reserves as against the bank's total deposits, is called the Cash Reserve Ratio. The cash reserve is either stored in the bank’s vault or is sent to the RBI.
In the context of PMFBY, what does the term "Sum Insured" refer to?
Fill in the second Blank with the age group to which free and compulsory education is ensured through RTE Act?
India's per capita net national income (at current prices) for 2022-23 stands at_________ , according to estimates from the National Statistical Office...
Which primary objective of the Pradhan Mantri Ayushman Bharat Yojana aims to alleviate the financial burden of healthcare on low-income households?
Selection of Beneficiaries of PM Awas Yojana – Grameen (PMAY-G) is done through a three-stage validation-
Ministry of minority affairs was separated from Ministry of social justice and empowerment in which of the following year?
What is the role of the Food Corporation of India (FCI) in the implementation of the NFSA?
Which of the following Statements about the National Commission for Women is/are True?
I- It is a Constitutional Body.
II- It was set up i...
Which of the following ministries is associated with “Aazadi se Antoday take'' campaign?
Under Phase IV of the Pradhan Mantri Gram Sadak Yojana (PMGSY), how many rural habitations will be provided with all-weather connectivity?
