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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 |
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please answer this question.the following balances were extracted from the books of modern traders on 31st dec,2010.capital(85000)fixed assets(45000)stock1-1-2010(15000)sundry debtors(20600)productive exp(3300)reserves fund(6600)discount received(800)cash in hand(6200)drawing(5000)accomulated dep.(9000)purchases(82000)bad debts(400)unproductive exp.(27400)sundry creditors(9000)sales(120000)cash at bank(25500).adjustments.stock on 31-12-2010(15000).outstanding wages (5000) write-off (600)of further bad debts. create provision for bad & doubtful debts at {5%) on debtors.unproductive expenses includes anitem of prepaid insurance (100).provide depreciation on original cost of fixed assets @ (10%).
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