what is crr
- 5 Answers
- 7619 Views
- IBPS, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / md sultan raza
CRR means Cash Reserve Ratio.By the rule of RBI every banks
has to keep a certain percentage of cash with the RBI.that
ratio is cash Cash Reserve Ratio
| Is This Answer Correct ? | 13 Yes | 0 No |
Answer / rizwana khatoon,iabm, noida
crr means cash reserve ratio-
This is the amount of money that the banks have to
necessarily park with the RBI. The base of this is the
total of the deposits that a bank has. The RBI pays the
bank interest on the amount parked with it.
| Is This Answer Correct ? | 3 Yes | 1 No |
Answer / jiban tripathy
CRR means cash reserve ratio.as per RBI guidelines all bank
has to keep certain percentage of customer deposit with
RBI.The said amount is regulated by RBI AND GIVES SOME
interest on such deposit . by this it can reflect strength
of nationalisaed banks.
| Is This Answer Correct ? | 2 Yes | 1 No |
Answer / rajesh
crr means cash reserve ratio. It is the tool used by the
RBI to control the inflation.
| Is This Answer Correct ? | 1 Yes | 1 No |
While preparing BRS, if we find difference in cash book with bank statement,we rectify the entries after that where it is posted which is rectifyed? it is posted in cash book or other separate book?
hey! i have an interview for PO in union bank on 11th feb. can anyone please tell me what major topics should i prepare for? of course npa is there. also cibil and basel basics. is there anything else i should prepare?
What is meant by Intangible Assets?
what is the Definition of reconciliation? / define reconciliation?
Expand CASA
A worker has time rate of Rs. 15/hr. He makes 720 units of a component (standard time 5 minutes/unit in a week of 48 hours). His total wages including Rowan bonus for the week is _____. A. Rs. 792; B. Rs. 820; C. Rs. 840; D. Rs. 864.
Expand ________ABAP
Expand ------AICTE
Define PARTNERSHIP
What is DPS? How to calculate to DPS?
closing stock at the end is comprised of %a purchase price of $60000,10% discount and 15% import duty.The stock can be sold for $70000 after incurring costs of $1950.Included in the purchase price is abnormal wastage of $2000.Transportation costs are $1000 and storage costs are $500,what is the value of the closing stock?
what is the entry for accounts receivables and accounts payables? what is the entry for bills receivables and bills payables?
Audit 
