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Define Cash Reserve Ratio.

+1 vote

asked Dec 17, 2018 in Class 12 by kratos

Define Cash Reserve Ratio.

central bank
class-12
functions and credit control
cbse

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1 Answer

+3 votes

answered Feb 10, 2020 by kratos

Best answer

CRR is the ratio of bank deposits which a bank is required to keep with the central bank.

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