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Nonamiya [84]
3 years ago
12

How do you write CRR'S

English
1 answer:
galben [10]3 years ago
3 0

Cash reserve Ratio (CRR) is the amount of funds that the banks have to keep with the RBI. If the central bank decides to increase the CRR, the available amount with the banks comes down. The RBI uses the CRR to drain out excessive money from the system.

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