Economics · Monetary Policy

Following the amendment to the RBI Act, 1934, what is the current statutory floor or minimum limit prescribed for the Cash Reserve Ratio (CRR)?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

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3No minimum floor limit✓
45%

Correct answer

No minimum floor limit

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Following the amendment to the RBI Act, 1934, what is the current statutory floor or minimum limit prescribed for the Cash Reserve Ratio (CRR)?

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Following the amendment to the RBI Act, 1934, what is the current statutory floor or minimum limit prescribed for the Cash Reserve Ratio (CRR)?

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