Economics · Banking and Monetary Policy
What is the Cash Reserve Ratio (CRR)?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1The percentage of liquid assets that banks must maintain in gold or government securities before extending credit
- 2The specific minimum fraction of total deposits that commercial banks must hold as reserves with the RBI✓
- 3The minimum balance required to be maintained by a savings account customer in a bank
- 4The portion of deposits that banks can freely invest in the stock market
Correct answer
The specific minimum fraction of total deposits that commercial banks must hold as reserves with the RBI
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Banking and Monetary Policy MCQs →Want more practice questions on Banking and Monetary Policy?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Banking and Monetary Policy