Home » Indian Economy » Industry » Question
  1. In June 2013 the CRR of Bank in the country was
    1. 4%
    2. 8%
    3. 12%
    4. 16%
Correct Option: A

The CRR of Bank in the country in June 2013 was 4% Cash Reserve Ratio (CRR) is a specified minimum fraction of the total deposits of customers, which commercial banks have to hold as reserves either in cash or as deposits with the central bank.



Your comments will be displayed only after manual approval.