Ratio according to which all banks must maintain a percentage of their deposit as cash balance is known as .

CRR

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SLR

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Reverse Repo rate

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Repo rate

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Solution

The correct option is A CRR
Ratio according to which all banks must maintain a percentage of their deposit as cash balance is known as CRR.

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Similar questions

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

The percentage of demand deposits which the commercial banks are legally required to maintain as their liquid assets is called:

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