What is CRR Rate?



What is CRR Rate?..

Answer / deepak

Cash Reserve Ratio (CRR) is the amount of funds that the banks have to keep with RBI. If RBI decides to increase the percent of this, the available amount with the banks comes down. RBI is using this method (increase of CRR rate), to drain out the excessive money from the banks.

Is This Answer Correct ?    0 Yes 0 No

Post New Answer

More Banking Finance Interview Questions

What is Credit Check?

0 Answers  


Differentiate between Balance of Trade and Balance of Payment?

0 Answers   IBPS,


What's Collection of Bills?

0 Answers   State Bank Of India SBI,


i want to know about capital market,money market,derivatives,call & put up options,bullish & bearish market,mutual fund,primary & secondary market.

3 Answers   eClerx,


What do you mean by 'non-plan expenditure'?

0 Answers  






What is 'appropriation bill'?

0 Answers  


What are the responsibilities of bill collectors?

0 Answers  


What are Small and Payment Banks?

0 Answers   Nabard, RBI,


What is Liquidity Ratio?

19 Answers   EEE, L&T,


Explain the significance of organization cibil.

0 Answers  


consolidate balance sheet

3 Answers   Capital IQ,


What do you know about FII, FDI and FII?

0 Answers   Nabard,


Categories
  • Business Administration Interview Questions Business Administration (517)
  • Marketing Sales Interview Questions Marketing Sales (1279)
  • Banking Finance Interview Questions Banking Finance (3208)
  • Human Resources Interview Questions Human Resources (745)
  • Personnel Management Interview Questions Personnel Management (68)
  • Hotel Management Interview Questions Hotel Management (29)
  • Industrial Management Interview Questions Industrial Management (113)
  • Infrastructure Management Interview Questions Infrastructure Management (14)
  • IT Management Interview Questions IT Management (97)
  • Supply Chain Management Interview Questions Supply Chain Management (16)
  • Operations Management Interview Questions Operations Management (39)
  • Funding Interview Questions Funding (79)
  • Insurance Interview Questions Insurance (494)
  • Waste Management Interview Questions Waste Management (1)
  • Labor Management Interview Questions Labor Management (48)
  • Non Technical Interview Questions Non Technical (73)
  • Business Management AllOther Interview Questions Business Management AllOther (546)