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A proportion of the total deposits and reserves of the commercial...

This question belongs to General Knowledge Indian Economy
Indian Economy
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A proportion of the total deposits and reserves of the commercial banks that is to be kept with the Central Bank (RBI) on liquid form as a measure of control of RBI over the Commercial Banks is known as:

Answer & Solution
Correct Answer: Option C
A proportion of the total deposits and reserves of the commercial banks that is to be kept with the Central Bank (RBI) on liquid form as a measure of control of RBI over the Commercial Banks is known as Cash Reserve Ratio (CRR).
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