A bank received a deposit of Rs. 200. It gave a loan of Rs.180 to a borrower. What is the cash reserve ratio?
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Answer:
10%
Explanation:
As we know crr is the ratio of net demand and time liability kept by the Commercial bank with themselves as per section 18 of Banking regulation act 1949
200 that is being depposited from the customer and from that 10% is kept by bank with themselves and rest is being given to the futher borrower
mathematically
200 ×10% = 20
means 200-20=180
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