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What is meant by ‘Cash Reserve Ratio’? - Economics

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What is meant by ‘Cash Reserve Ratio’?

What is CRR?

लघु उत्तर
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उत्तर

Cash reserve ratio (CRR) means the minimum percentage of a bank’s total deposits necessary to be kept with the central bank. Commercial banks need to maintain with the central bank a certain percentage of their deposits in the form of cash reserves. The central bank can vary the CRR between 3% and 15%.

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Measures of Inflation
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पाठ 21: Project Work - PROJECT 5 [पृष्ठ ४३५]

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फ्रँक Economics [English] Class 12 ISC
पाठ 21 Project Work
PROJECT 5 | Q 3. | पृष्ठ ४३५
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