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1.What is PLR? What is SBI's present SBAR?
2.What is mixed economy?
3.Who is the owner of SBI at present with what shares?
4.Who will issue currency notes? Who will issue one rupee
notes?
5.What is mixed economy?
6.What is CRR ?
7.What is Bnak Rate ?
8.What is the function of RBI ?
9.What is inflation rate ?
10.Some european bank is in lost,What is the reason ,and
what is the impact on IT sector and economic condition in
India?
- 3 Answers
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Answer Posted / ashutosh
The CRR is the minimum ratio which is required for
commercial banks to keep with them as hard cash. Currently
it is 5%.Basically the money is not kept in hard cash with
the commercial bank but they store it in the currency chest
of the RBI which is equivalent to the cash..
| Is This Answer Correct ? | 8 Yes | 7 No |
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