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प्रश्न
What is a variable reserve ratio?
लघु उत्तरीय
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उत्तर
- The variable reserve ratio is a monetary policy tool used by the central bank to control the credit creation capacity of commercial banks by changing the reserve requirements they must maintain.
- It refers to the percentage of total deposits that commercial banks are required to keep as reserves (either in cash or with the central bank), which can be increased or decreased by the central bank as needed.
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