मराठी

Define the following term: Cash Reserve Ratio.

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प्रश्न

Define the following term:

Cash Reserve Ratio.

What is cash reserve ratio?

What is meant by cash reserve ratio?

व्याख्या
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उत्तर

Cash Reserve Ratio (CRR) is a certain minimum percentage of deposits that commercial bank and has to keep as reserves with the central bank.

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Monetary Policy of the Central Bank
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