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Discussion :: Indian Economy

  1. A proportion of the total deposits and reserves of the commercial banks that is to be kept with the Central Bank (RBI) on liquid form as a measure of control of RBI over the Commercial Banks is known as:

    2. A.

     Bank rate
    B.

     Statutory Liquidity Ratio (SLR)
    C.

     Cash Reserve Ratio (CRR)
    D.

     Mandatory deposit

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    Answer : Option C

    Explanation :

    A proportion of the total deposits and reserves of the commercial banks that is to be kept with the Central Bank (RBI) on liquid form as a measure of control of RBI over the Commercial Banks is known as Cash Reserve Ratio (CRR).

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