Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / 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 View All Answers
What is the use of IFSC Code in the online transaction?
What is BSE and NSE?
What are the various steps government take to curb inflation?
how options are different than equities?
what is the shortcut to repeat the narration on a voucher?
Who are the latest Noble Prize Winners?
What Will Happen In My Chapter 7 Case After I File All These Documents?
What is current GDP of India?
Lending of Lockers?
What do you understand by gift card?
you are placed a high NPA Branch , how you control the situation.
What is a listing in BSE?
Who are auditors? What are their roles?
What Do You Mean By Derivatives? Give An Example.
What is the role of SEBI?
