Social Sciences, asked by prachiDas, 1 year ago

What is cash reserve ratio (CRR)?

Class XII
Money and Banking

Answers

Answered by gracy11
2
Cash Reserve Ratio is a specified minimum fraction of the total deposits of customers, which commercial banks have to hold as reserves with central bank.
gracy11: hope it helped :)
Answered by adithyakrishnan6137
0

Answer:

Cash Reserve Ratio​ is the ratio of total deposit that a commercial bank has to keep with the Reserve Bank of India.

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