1.

The ratio of total deposits that a commercial bank has to keep with Reserve Bank oi india is called (Choose the correct alternative) :(a) Statutory liquidity ratio(b) Deposit ratio(c) Cash reserve ratio(d) Legal reserve ratio

Answer»

The ratio of total deposits that a commercial bank has to keep with Reserve Bank of India is called Cash Reserve Ratio.

Hence, the correct answer is option (c)



Discussion

No Comment Found

Related InterviewSolutions