Question:
Cash Reserve Ratio (CRR) is :
Cash Reserve Ratio (CRR) is :
Updated On: May 21, 2024
- Percentage of deposits a bank keeps as cash reserve
- Some reserves to keep in liquid form by Reserve Bank of India
- Sum of Reserves and Loans by the Commercial Bank
- The people keep as deposits in the house
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The Correct Option is A
Solution and Explanation
The correct option is (A) :Percentage of deposits a bank keeps as cash reserve.
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