1.

What is cash reserve ratio? ​

Answer»

Definition: 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. CRR is set according to the GUIDELINES of the central bank of a country.

hope this helps you

mark it as a brainlist answer

follow me

thxs..



Discussion

No Comment Found

Related InterviewSolutions