Explain the impact of change in crr and slr on the economy

1.	Explain the impact of change in crr and slr on the economy
Answer» Answer: The change in SLR and CRRt either increases or decreases the money supply to commercial banks. ... RBI uses STATUTORY LIQUIDITY Ratio (SLR) and Cash Reserve Ratio (CRR) as a tool for the expansion or contraction of bank credit which has a direct IMPACT on the economy upon the situation of inflation or deflation. hope helpful......PLEASE mark as brainliest.

Answer»

Answer:

The change in SLR and CRRt either increases or decreases the money supply to commercial banks. ... RBI uses STATUTORY LIQUIDITY Ratio (SLR) and Cash Reserve Ratio (CRR) as a tool for the expansion or contraction of bank credit which has a direct IMPACT on the economy upon the situation of inflation or deflation.

hope helpful......PLEASE mark as brainliest.

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Explain the impact of change in crr and slr on the economy​

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Explain the impact of change in crr and slr on the economy