New RBI Grade B 2025 Notification will come Soon! Enroll Here

    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) .

    Practice Next

    Relevant for Exams: