Question

define CRR and explain ​

Answer 1

Answer:

hi

Explanation:

CRR stands for CAPITAL REQUIREMENTS REGULATION.

it is a law that aims to decrease likelihood that banks go insolvent

Answer 2

cash reserve ratio is the amount of funds that banks have to maintain with the reserve bank of India at all times.if the central bank decides to increase the CRR,the amount available with the banks for disbursal comes down. The RBI uses the CRR to drain out excessive money from the system.

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