Question

    What is the CCR (Cash Reserve Ratio) requirement for

    scheduled commercial banks?
    A 1) 3.00% Correct Answer Incorrect Answer
    B 2) 4.00% Correct Answer Incorrect Answer
    C 3) 5.00% Correct Answer Incorrect Answer
    D 4) 5.50% Correct Answer Incorrect Answer
    E 5) CRR keeps on changing every day Correct Answer Incorrect Answer

    Solution

    The correct answer is B

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