Question

note on cash reserve ratio​

Answer 1

Answer:

hi sizuka66 here is ur answer ✌

Explanation:

Cash Reserve Ratio (CRR) is a specified minimum fraction of the total deposits of customers, which commercial banks have to hold as reserves either in cash or as deposits with the central bank. ... CRR is a crucial monetary policy tool and is used for controlling money supply in an economy.

Answer 2

Answer:

sorry for late

Explanation:

Cash Reserve Ratio (CRR) is a specified minimum fraction of the total deposits of customers, which commercial banks have to hold as reserves either in cash or as deposits with the central bank. CRR is set according to the guidelines of the central bank of a country.