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Question

The Cash Reserve Ratio refers to?

A the share of Net Demand and Time Liabilities that banks have to hold as liquid assets

B the share of Net Demand and Time Liabilities that banks have to hold as balances with the RBI

C the share of Net Demand and Time Liabilities that banks have to hold as part of their cash reserves

D the ratio of cash holding to reserves of banks

E None of the above

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