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Ratios and OMO

According to ...

Question

According to RBI, ___ is defined as the amount of cash the bank keeps as a percentage of the total deposits.

A

CDR

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B

SLR

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C

CRR

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D

OMO

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Solution

The correct option is A
CDR

Cash Deposit Ratio or CDR is defined as the amount of cash the bank keeps as a percentage of the total deposits.

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Q. According to RBI, is defined as the amount of cash the bank keeps as a percentage of the total deposits.

Q. That portion of total deposits which a commerical bank is required to keep with RBI as cash reserves is called ______.

Q. Cash reserve Ration (CRR) is a specified minimum fraction of the total deposits of customers, which commercial banks have to hold as reserves either in cash or as deposits with the central bank of a country. CRR ___

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Q. The system followed by banks wherein they keep a percentage of deposits as cash with themselves is called reserve banking.

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