What is Capital redumtion Reserve ( CRR )?

Answer Posted / vijayranga

CRR referes not capital Redumption Reserve

it is Cash Reserve Ration,
Which a bank should maintain its deposits wit hthe RBI
for the safe custody for public.

Is This Answer Correct ?    4 Yes 4 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

sort out the difference between service provider & service reciepient from the service tax.

1653


HOW MANY ACCOUNTING STANDARDS ARE PREVAILING IN INDIA AS DECLARED BY ICAI

1698


CAN ANY OF U TELL ME WHAT QUESTION ACTUALLY ASK IN OPERATION ROUND IN BA CONUTNNIUM SOLUTION

1549


what is book profit

1742


What do you mean by Green-shoe option?

1635






Whether construction of office cum storage comes under CMA under Agriculture or Non Farm Sector

1222


can any one tell me what kind of qns are asked in gail entrance test. i m apearing for the exam of accounts & finance. please let me know the ans on my id pragneshmall1@gmail.com

1513


what is forecast

1135


Why closing stock appears both in trading and Balance sheet? Why does it doesnot appear in trail balance.

1870


Erection and Instalation charges of Rs 7500 to Lift was debited to repairs and maintenance account. Rectify it

1845


How do you plan to achieve these goals

1879


Hello Frd's This is Mohd NaseerUddin. Is Anyone can help me out to findout a Accounting Peachtree 7.2 note's aswel as Focus notes also Plsssssss helpme out to find it. My E-mail id is mohd_naseeruddin43@yahoo.com

1558


I have a existing Oracle applicttions and need to bring one of the new business on it. The new business will use GL, AP and FA. We will use existing COA. This business will have 3 sets of books (1- tax book, from April to March; 2- Primary book, from July to June; 3- Reporting book, from July to June); All books will have same currency; HOW DO I TRANSFER DATA FROM PRIMARY BOOK INTO TAX AND REPORTING BOOKS EVERY MONTH OR ON WEEKLY? IS THERE ANY STANDARD ORACLE PROCESS WHICH CAN BE SCHEDULED? THE REPORTING BOOK WILL HAVE DIFFERENT DEPRECIATION METHOD SO HOW DO I NOT TRANSFER DEPRECIATION FROM PRIMARY TO REPORTING BOOK AND DO SEPERATE DEPRECIATION IN REPORTING BOOK FOR THE SAME ASSET THAT IS ALSO IN PRIMARY AND TAX BOOK?. HOW DO I APPROACH ON SETTING THESE NEW SETS OF BOOKS? Thanks, KK

1635


what is a reducing balance method and depreciation fund investment method and 2 diffrences?

2036


Why in a cash book receipts are debited while the same if received in our books recepits are credited. Why does cash book have a rule to debit receipts and credit payments. For example if am paying the cash that i owe the company or firm i debit in my books(cash) on the debit side and should credit in the cash book but i cant do that cash book take receipts on the debit side as per the general . please clarify many thanx in advance

2145