how does the CRR, Repo Rate, reverse repo rate and bank
rate related with inflation and discuss the relation.
Answer Posted / srija
CRR- CASH RESERVE RATIO. THE PORTION OF DEPOSIT BALANCE
THAT THE BANK HAS TO KEEP IN RESERVE AS CASH IN HAND. THE
CRR RATIO IS DETERMINED BY RBI. THE PRESENT CRR RATE IS
6.5%. WHICH WAS AT 9% AT THE BEGINING OF THIS MONTH.
REPO RATE- IT IS THE RATE AT WHICH THE BANK BORROWS MONEY
FROM RBI.
| Is This Answer Correct ? | 30 Yes | 18 No |
Post New Answer View All Answers
In which country , is bull fighting the national sport?
Name any Veteran Olympian Medalist and Politician.
Where is Charminar Located?
i m selected in boi i m from arts with english so that i want guidance about interview
Which countries are together called Scandinavia?
Which indian city is called garden city of India ?
name the vitamin found in orange and lime?
Politics nd current affairs
What efforts need to be done on the part of the government to make India a developed nation?
How many districts are in Jharkhand and Bihar?
What are your views on Kashmir issues?
Hi Friends, Can anyone tell me regarding written test of KAS exam? Ambiguity for me in this case is, do we need to write answers of 3 or 4 pages ? And can any one tell me what kinds of questions(few examples) we will get for general exams??
from where was india's first satellite launched?
which is the highest mountain in the world?
Please give institutes or college name, which will convert life experience into a valid diploma in engineering in india