+3 votes
in Economics by kratos

The ratio of total deposits that a commercial bank has to keep with Reserve Bank oi india is called (Choose the correct alternative) :

(a) Statutory liquidity ratio

(b) *** ratio

(c) Cash reserve ratio

(d) Legal reserve ratio

1 Answer

+4 votes
by kratos
 
Best answer

The ratio of total deposits that a commercial bank has to keep with Reserve Bank of India is called Cash Reserve Ratio.

Hence, the correct answer is option (c)

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