Banking · Monetary Policy Instruments
What does Cash Reserve Ratio (CRR) mean?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Percentage of assets kept in gold by banks
- 2Percentage of total deposits kept in government securities
- 3Percentage of net demand and time liabilities that banks must keep with RBI in cash✓
- 4Percentage of deposits kept by customers
Correct answer
Percentage of net demand and time liabilities that banks must keep with RBI in cash
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