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What is meant by Legal Reserve Ratio? - Economic Applications

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प्रश्न

What is meant by Legal Reserve Ratio?

थोडक्यात उत्तर
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उत्तर

  1. Legal Reserve Ratio (LRR) is the minimum ratio of deposits, legally required to be kept as cash reserves.
  2. The LRR is fixed by the Central Bank.
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Monetary Policy of the Central Bank
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पाठ 9: Central Banks - QUESTION BANK [पृष्ठ २१६]

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गोयल ब्रदर्स प्रकाशन Economic Applications [English] Class 10 ICSE
पाठ 9 Central Banks
QUESTION BANK | Q 8. i | पृष्ठ २१६
गोयल ब्रदर्स प्रकाशन Economics [English] Class 10 ICSE
पाठ 8 Central Bank
QUESTION BANK | Q 10. (i) | पृष्ठ १५९
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