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Question

What is the full form of CRR?


Correct Answer
A
Cash Reserve Ratio
Your Answer
B
Cash Reverse Ratio
Your Answer
C
Cash Receiving Ratio
Your Answer
D
Cash Rotation Ratio
Your Answer
E
None of the above

Solution

The correct option is A Cash Reserve Ratio
Cash Reserve Ratio (CRR) : It is amount of funds that banks have to keep with RBI.

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