Multiple choice

Directions: Select the correct alternative from the given choices.

What is the current (March 2012) rate of Cash Reserve Ratio (CRR)?

  1. 3.5%

  2. 4.0%

  3. 4.75%

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

As of March 2012, the Reserve Bank of India had set the Cash Reserve Ratio (CRR) at 4.75%.

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