UPSC Principle and Vice Principle GK/GS Banking, Finance, and Fiscal Policy Part - 1

CRR stands for

Type: MCQ • Marks: 1

CRR stands for

A. Cash Reserve Ratio

B. Credit Reserve Rule

C. Current Revenue Ratio

D. Capital Return Rate

Explanation

CRR is the share of specified bank deposits maintained as cash reserves with RBI.

UPSC Principal & Vice Principal GK/GS

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