Distinguish between crr and slr for class 12th
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Crr stands for cash reserve ration and specifies in percentage the money and commerial banks need to keep with themselves in the form of cash
Slr stands for statutory liquidity ratio and is prescribed by RBI as the ratio of cash deposit that banks gave to maintain in the form of gold cadh and other securities approved by rbi
Slr stands for statutory liquidity ratio and is prescribed by RBI as the ratio of cash deposit that banks gave to maintain in the form of gold cadh and other securities approved by rbi
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