Economy, asked by chavichavi, 1 year ago

explain Legal Reserve Ratio....


chavichavi: i m in 12th
chavichavi: hmm....any problem
chavichavi: or query

Answers

Answered by Swayze
11

 hy<br /><br />friend



legal reserve ratio [LRR] refers to that legal minimum fraction of deposits which the bank and mandate to keep as cash with themseves. the LRR is fixed in india by the reseve bank of india.



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Answered by mitesh6
3
legal reserve ratio [LRR] refers to that legal minimum fraction of deposits which the bank and mandate to keep as cash with themseves. the LRR is fixed in india by the reseve bank of india.
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