Multiple choice

What is the current rate of Cash Reserve Ratio (CRR)?

  1. 3.5%

  2. 4.0%

  3. 4.5%

  4. 5.0%
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The Cash Reserve Ratio (CRR) is the percentage of deposits banks must maintain with the RBI. A 4.5% CRR represents the central bank's monetary policy stance, balancing liquidity needs and inflation control.

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