write shote note on cash reserve ratio
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Cash Reserve Ratio (CRR) is a certain minimum amount of deposit that the commercial banks have to hold as reserves with the central bank. ... Example: When someone deposits Rs 100 with a bank, it increases the deposits of the bank by Rs 100.
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Answered by
3
Cash Reserve Ratio (CRR) is a certain minimum amount of deposit that the commercial banks have to hold as reserves with the central bank. ... Example: When someone deposits Rs 100 with a bank, it increases the deposits of the bank by Rs 100.
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