Economy, asked by manandarak4697, 11 months ago

When the reserve bank of india announces an increase of the cash reserve rate what does it mean

Answers

Answered by djadoun758

1

Answer:

it mean rbi want to control circulation of money market

Explanation:

CRR means rbi has kept some percentage of money of commercial bank as a form of security

Previous Question

Next Question

Similar questions

Chemistry, 5 months ago

wath is chemistry and wath is physics...

Math, 5 months ago

solve this question with explanation...

Hindi, 5 months ago

निम्नलिखित शब्दों को एक वचन से बहुवचन में परिवर्तन कीजिए बहन...

Business Studies, 11 months ago

When measuring your social media roi, you calculate the effectiveness of an action by dividing the net income by the cost of this action and multiplying it by 100.

Business Studies, 11 months ago

When beck joined his uncle's oil exploration company in east texas, he was given several hundred shares of stock in the firm, and was officially made a partner. The firm's accountant explained that the company paid taxes the same way as regular partnerships, by passing the profits through to each partner. Beck could purchase more shares of the company on a public stock exchange, as long as...

Biology, 1 year ago

what is the observation of activity 8.6 in class 10 science ncert book?

Accountancy, 1 year ago

Rocks and minerals play a very important role in our lives. Can you imagine modern life without minerals ?

Accountancy, 1 year ago

Igneous and sedimentary rocks can change into metamorphic rocks.