span >What the true about CRR (Cash Reserve Ratio)? i. CRR is determined by a percentage of Net demand and time liabilities ii. The amount specified as the CRR is held in cash and cash equivalents, is stored in bank vaults or parked with the RBI. iii. CRR is a crucial monetary policy tool iv. CRR is maintained to ensure that banks do not run out of cash to meet the payment demands of their depositors