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      Question

      CRR is required to maintain in which of the following

      form?  
      A Cash with RBI Correct Answer Incorrect Answer
      B Cash with Bank Correct Answer Incorrect Answer
      C Approved Government Securities Correct Answer Incorrect Answer
      D All of the above Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      Cash Reserve Ratio refers to the fraction of the total Net Demand and Time Liabilities (NDTL) of a Scheduled Commercial Bank held in India, that it has to maintain as cash deposit  with the Reserve Bank of India (RBI) .

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