what is CRR ? define the sutiable example.
Answer Posted / shinoj.k.s.
The reserve requirements (or cash reserve ratio) is a
central bank regulation that sets the minimum reserves each
bank must hold to customer deposits and notes. It would
normally be in the form of fiat currency stored in a bank
vault (vault cash), or with a central bank.
The reserve ratio is sometimes used as a tool in the
monetary policy, influencing the country's economy,
borrowing, and interest rates.[3] Western central banks
rarely alter the reserve requirements because it would
cause immediate liquidity problems for banks with low
excess reserves; they prefer to use open market operations
to implement their monetary policy. The People's Bank of
China uses changes in reserve requirements as an inflation-
fighting tool,[4] and raised the reserve requirement nine
times in 2007. As of 2006 the required reserve ratio in the
United States was 10% on transaction deposits (component of
money supply "M1"), and zero on time deposits and all other
deposits.
| Is This Answer Correct ? | 5 Yes | 5 No |
Post New Answer View All Answers
i am in waitlisted list which is released by karnataka bank.Can any one tell what it sense.whether it is confirm job r optional.plz forward if any one know abt this
Hi guys and girls...... As discussed earlier reg SBI clerical exp and ques, now its time to discuss about the date of results ........ so lets start.......... i ll start off...... any one came to know about the date of results ?????? SBI 11000 clerks
How long you stay away form main land
yaarr..if anyone hv sum clue abt d date of SBI CLERICAL INTERVIEW declaration
WHY BANKING SECTOR IS CALLED FINANCIAL SECTOR?
why do you want to work for sbi?
When will Punjab National Bank Clerical Exam Result will come? The exam was held on 04-04-2010.. If any information then please do share.
Plz guys share the interview questions of BOB clerk........ Thanks in advance......
Recently i had an interview in SBI on 3rd of MAY. The interview question was as: 1) Tell me 7 wonders ? 2) Who is CM of Karnataka ? 3) How many district in Karnataka ? 4) since my native place is Ramgarh so interviewer asked me that any famous movie based upon this location ? 5) since i am from technical background so they asked me about RAM , Processor , Bluetooth ? 6) They asked some question from current affairs like what is UID and what is census ? 7) What do u know about SBI ? I answred all the question except how many district in Karnataka. Thats it guys. The interview was full of fun. When i answered that movie sholey is based uopn place Ramgarh the moment on that time was funny. All interviwer laughed and i too. There were three interviewer in the room. In front of me the male interviewer had an age of 40-50. In my left side male interviewer had an age of 40-50. In my left side female interviewer had an age of 30-40. Any more question about the fun interview mail me at: ayadav00009@gmail.com
i am having sbi interview. what type of preparation should i do?
wil u pls send me previous papers of bsrb clerical
Guys ,Please tell me the coaching center names in Ameerpet or hyderabad...I believe who are selected in SBI they have taken coaching somewhere.(Without Hard work we won't get).. Thanks in Advance...
I have to get character certificate for sbi interview. In that, there is a statement - I have known this person for ____ years and _____ months. What is the minimum year it should be? Is 1 year also acceptable??
What are rhe expected questions
why u choose only banking sector for job ? and what position u want in this bank in after 5 years ?