What is the full form of "CRR"?
A. Cash Reserve Ratio
B. Certified Resource Rate
C. Censored Return Rate
D. Ceiled Rate for Returns
Answer: Option A
Solution(By Examveda Team)
Cash Reserve Ratio (CRR) is the share of a bank's total deposit that is mandated by the Reserve Bank of India (RBI) to be maintained with the latter as reserves in the form of liquid cash.This Question Belongs to Abbreviations >> Finance Abbreviations
Related Questions on Finance Abbreviations
What is the full form of "YTM"?
A. Yield To Money
B. Yield To Maturity
C. Marketing To Yield
D. Mutual Trade Yielding
What is the full form of "YTD"?
A. Year to Delivery
B. Yield to Debit
C. Year-to-date
D. Yield of Divergence
What is the full form of "WC"?
A. Withdraw Cash
B. Working Capital
C. Wage Capital
D. Wage Collateral
What is the full form of "TSR"?
A. Total Shareholder Return
B. Taxation of Stock Rate
C. Treasury Stock Return
D. Trading Security Rate
Join The Discussion