CRR stands for Cash Reserve Ratio

Q.  What is the full form of CRR?
- Published on 20 Jul 15

a. Cash Reserve Rate
b. Cash Reserve Ratio
c. Cash Recession Ratio
d. Core Reserve Rate

ANSWER: Cash Reserve Ratio
Cash Reserve Ratio is a specified minimum fraction of the total deposits of customers, which commercial banks have to hold as reserves with the central bank.

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