why does the bank maintain cash reserve ratio
Answers
Answered by
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Explanation:-
The CRR requires banks to maintain a current account with the RBI with liquid cash. ... While ensuring some liquid money against deposits is the primary purpose of CRR, its secondary purpose is to allow the RBI to control liquidity and rates in the economy.
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Answered by
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Answer:
cash reserve ratio.
Explanation:
particular minimum amount of the total deposits of customer that needs to be mantained by the commercial bank
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