Answer Posted / deepak
Cash Reserve Ratio (CRR) is the amount of funds that the banks have to keep with RBI. If RBI decides to increase the percent of this, the available amount with the banks comes down. RBI is using this method (increase of CRR rate), to drain out the excessive money from the banks.
Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
I'll have a very formal phone interview. what's my opening line? i am the one being interviewed, once i dial his office#, how should i open? "good morning, this is ***, I am calling to have my interview???" does it sound formal and polite enough?
What do you know about PPF Account? Do you have a PPF account?
meaning of security data pointers
Explain share capital and reserves and surpluses.
Is There Any Restriction On Maximum Number of Share Holders in Public Limited Company?
What Should I Do If A Creditor Demands Payment Of A Debt After I File My Case?
what is the default configuration Tally ERP 9 provides for Balance Sheet?
Do you know about winners of various Awards?
Highlight some facts of Union Budget 2016- 2017?
In which year national housing bank (nhb) started its operation?
What is a stale cheque?
What happens to each of the three primary financial statements when you change a) gross margin b) capital expenditures c) any other change?
How is SBI different from other banks?
Tell me about some stocks you follow. Why should I buy them?
what should be the methology of business taxation ?