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Question
Ms. Sakshi, an economics teacher, was explaining the concept of ‘minimum percentage of the total deposits to be kept by any commercial bank with the Central Bank of the country, as per norms and statute prevailing in the country. From the following, choose the correct alternative which specifies the concept explained by her?
Options
Cash Reserve Ratio
Repo Rate
Bank Rate
Statutory Liquidity Ratio
MCQ
Solution
Cash Reserve Ratio
shaalaa.com
Cash Reserve Ratio (CRR)
Is there an error in this question or solution?
