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Question
The ratio of total deposit that a commercial bank has to keep with the Reserve Bank of India is called ______.
Options
Statutory Liquidity Ratio
Deposit Ratio
Cash Reserve Ratio
Legal Reserve Ratio
MCQ
Fill in the Blanks
Solution
The ratio of total deposit that a commercial bank has to keep with the Reserve Bank of India is called Cash Reserve Ratio.
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Cash Reserve Ratio (CRR)
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