CBSE BOARD XII, asked by vikashyadav927vy, 8 months ago

what do you by cash reserve ratio? 3 Marks question.​

Answers

Answered by vipuldubey706838
0

Answer:

Cash Reserve Ratio (CRR) is a certain minimum amount of deposit that the commercial banks have to hold as reserves with the central bank. ... The aim is to ensure that banks do not run out of cash to meet the payment demands of their depositors.

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