📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

    âš¡ Month End Offer - Flat 52% Off On All Courses! Enroll Now âš¡
    00:00:00 AM Left

    Question

    Which of the following is a ratio wherein the commercial

    banks have to hold a certain minimum amount of deposit as reserves with the central bank?
    A Statutory Liquidity Ratio Correct Answer Incorrect Answer
    B Cash Reserve Ratio Correct Answer Incorrect Answer
    C Minimum Percentage Ratio Correct Answer Incorrect Answer
    D Demand and Time Liabilities Ratio Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    Cash Reserve Ratio (CRR) is a ratio wherein the commercial banks have to hold a certain minimum amount of deposit as reserves with the central bank.

    Practice Next
    More ESI Questions

    Relevant for Exams:

    ask-question