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what do u mean by CRR?
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Answer / pradeep
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 ? | 95 Yes | 9 No |
Answer / sangeeta sunaiya
it means cash reserve ratio means bank keeps some
permanent amoumt of deposits with rbi this amount can not
be used by bank at present it 7.50%
| Is This Answer Correct ? | 15 Yes | 4 No |
Answer / ankush
crr is the cash reserve ratio which any bank should keep a
certain amount of money with the RBI
| Is This Answer Correct ? | 10 Yes | 2 No |
Answer / rakesh
crr mean cash reserve ratio crr ratio is applicable to
every bank. Every bank should have to deposit wit rbi which
amount will not using the bank,
| Is This Answer Correct ? | 8 Yes | 1 No |
Answer / pranabjeet
CRR referes to the ratio of Bank's cash reserve balance
with RBI with reference to the Bank's net demand and time
liabilities to ensure the liqudity and solvency of the
scheduled banks.
| Is This Answer Correct ? | 7 Yes | 2 No |
CRR(cash reserve ratio) is an ammount that every bank has
to keep with the RBI.RBI can increase the percentage of CRR.
rohitash.shrm@gmail.com
| Is This Answer Correct ? | 6 Yes | 1 No |
Answer / chirag
CRR is Cash reserve ratio.
It is The amount of money a bank has to deposit with RBI or Central Bank. - IndianMoneyPlus.Com
| Is This Answer Correct ? | 5 Yes | 1 No |
Answer / rajesh
CRR means cash reserve ratio where RBI used to control the
inflation
| Is This Answer Correct ? | 5 Yes | 2 No |
Mr.Jadhike owns a fleet of taxis adn the following information are available from the records maintained b him: 1.Number of taxis 10 2.salary of manager 600pm 3.cost of each taxi 20000 4.salary of cleaner 500pm 5.salary of mechanic 400 pm 6.garage rent 600pm 7.insurance premium 5%pa 8.annual tax 600 per taxi 9.driver salary 200 pm per taxi annual repair 1000 per taxi total life of a taxi is about 200000 kms. a taxi runs in all 3000kms in a month of which 30% it runs empty. Petrol consumption in one litre for 10kms@1.80 per litre. Oil and other are rs 5 per 100 kms calculate the cost of running a taxi per km 5
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