Assertion :CRR is the abbreviation for Central Reserve Requirement. Reason: CRR is managed by the Reserve Bank of India.

Statement I is true but statement II is false

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Statement I is false but statement II is true.

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Both statements are true.

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Both statements are false.

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Solution

The correct option is B Statement I is false but statement II is true.

CRR is a cash reserve ratio. Under CRR a certain percentage of the total bank deposits has to be kept in the current account with RBI which means banks do not have access to that much amount of any economic activity or commercial activity.

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Similar questions

2 \times 2

I

\to L = I \to ω

II

\to τ = \frac{d \to L}{d t}

X_{2} Y_{3}

X_{2} Y_{3}

A^{- 1}

3 \times 3

A^{2} - 5 A + 7 I = 0.

A^{- 1} = \frac{1}{7} (5 I - A) .

A^{3} - 2 A^{2} - 3 A + I

5 (A - 4 I)

Statement - I: $C l^{-} a n d C a^{2 +}$ are isoelectronic species.
Statement - II: Isoelectronic species should have same charges.

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